(1) EM stock prices rebounding from last year’s rout. (2) Fed calls the shots for EM stocks, bonds, and currencies. (3) US stocks have significantly outperformed the rest of the world during the current bull market. (4) The rest of the world has more homegrown problems than does the US. (5) After five-year run, India’s Modi is facing a spring election. (6) India’s farmers and poor haven’t fared well under Modi. (7) India has lots of mouths to feed, yet food prices are falling. (8) Rigging GDP growth and the jobless rate. (9) The central bank is easing just in time for elections.
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