From Zacks: The year 2018 can easily be attributed to the crude bulls. WTI crude ETF United States Oil (USO – Free Report) and Brent crude ETF United States Brent Oil (BNO – Free Report) have gained about 16% this year.
From Zacks: Indian stocks are rallying to record highs despite rising crude prices and slowing GDP growth.
The iShares S&P India Nifty 50 Index Fund (INDY) has performed extremely well in 2017, and next year will more than likely bring additional impressive gains.
From Tyler Durden: Moody’s upgrade to India’s credit rating comes as a much-needed boost for India’s Prime Minister, Narendra Modi, who has been criticised for the fallout from the goods and services tax (GST) and demonetisation reforms.
From Zacks: Wall Street is rallying as U.S. equities touched record highs led by gains in energy and tech. Greater merger activity contributed to gains in the U.S. equity markets.
Indian equity funds continue to see massive inflows, amid shrinking demand in the world’s second most populous country for other investment vehicles like gold and real estate.
From Jill Mislinski: All eight indexes on our world watch list have posted gains for 2017 through July 3. The top performer thus far is India’s BSE SENSEX with a gain of 17.26%, followed by China’s Hang Seng not far behind at 17.20%. In third is our own S&P 500 with 8.49%.
From Taki Tsaklanos: The stock market in India is in great shape, outperforming its peer stock markets in the world.
Both of India’s major equity benchmarks surged to fresh all-time highs on Tuesday, as solid earnings results and expectations for improving growth continue to drive returns.
From Zacks: India ETFs are on a tear this year on economic optimism. Solid GDP data defying demonetization, the win of the pro-growth prime minister’s party in some key states, implementation of goods-and-services tax or GST this July, a weaker greenback and subdued U.S. Treasury bond yields driving foreign inflows benefited India investing.
From Taki Tsaklanos: The stock market in India is our favorite market, and we expressed that many times in the last 18 months. Our India stock market outlook for 2017 is coming to pass.
India’s two major stock market indexes closed lower on Friday, paring their weekly gains, after the U.S. air strike on Syria rattled global investors.
From Taki Tsaklanos: Which will be the strongest stock bull market of 2017 and 2018? That is the million dollar question for any investor.
Marshall Hargrave: Over the past few years, as the domestic market has soared some 250% off its lows, international markets have lagged, up “only” 150% from their lows.