Unparalleled bids on interest rates and a strong dollar have triggered a simultaneous decline of more than 10% each in global bonds and equities–the first ever in history. While the bears suggest that this is an accident or a policy mistake made by central banks. the bulls believe that bulk of this is discounted by the precipitous decline in risk-free and risky assets.
India will be superpower by 2047, but not high-income economy: Martin Wolf
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