India’s consumers might have been jealous of King Midas’s touch. The country’s historical affinity for gold has reached new extremes thanks to a weak economy, a falling rupee, and poor financial alternatives. In the past year, India’s economy has been beleaguered by poor performance. Corruption, a lack of competitiveness, and …
Confusing times lead to conflicting concerns. Worries over current deflation run into worries about explosive inflation down the road and now there are growing worries over another global asset price bubble. All of these worries are valid, but the possible return of the asset price bubble is the newest and …