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ETF Talk: India’s New Central Bank Chief Offers Hope

The economic woes of India that have caused the stock market there to hit a three-year low may be on the verge of changing, as the country’s Reserve Bank welcomes a new leader to assist the country in escaping its doldrums. Under the watch of the Reserve Bank of India’s previous Governor Duvvuri Subbarao, the nation’s economy has been weak and unrewarding to investors.

But hope now is on the horizon.

The new leader of India’s central bank is Raghuram Rajan, a U.S.-educated former International Monetary Fund (IMF) chief economist. His appointment could be good news for investors in the WisdomTree India Earnings Fund (EPI). The outgoing governor of India’s central bank has been accused of monetary missteps, a problem that should not plague Rajan, who showed his astuteness when he previously warned that the 2003-2006 U.S. housing bubble was unsustainable.

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ETF Talk: India’s New Central Bank Chief Offers Hope

The economic woes of India that have caused the stock market there to hit a three-year low may be on the verge of changing, as the country??s Reserve Bank welcomes a new leader to assist the country in escaping its doldrums. Under the watch of the Reserve Bank of India??s previous Governor Duvvuri Subbarao, the nation??s economy has been weak and unrewarding to investors.

But hope now is on the horizon.

The new leader of India??s central bank is Raghuram Rajan, a U.S.-educated former International Monetary Fund (IMF) chief economist. His appointment could be good news for investors in the WisdomTree India Earnings Fund (EPI). The outgoing governor of India??s central bank has been accused of monetary missteps, a problem that should not plague Rajan, who showed his astuteness when he previously warned that the 2003-2006 U.S. housing bubble was unsustainable.

To read the rest of this article, click here.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Doug Fabian is the editor of Successful Investing and High Monthly Income, and is the host of the syndicated radio show, "Doug Fabian's Wealth Strategies." Taking over the reigns from his dad, Dick Fabian, back in 1992, Doug has continued to uphold the reputation of the newsletter as the #1 risk-adjusted market timer as ranked by Hulbert??s Investment Digest. For more than 30 years, Successful Investing (formerly the Telephone Switch Newsletter) has produced double-digit annual gains. Doug has become known for his expert knowledge and timely use of innovative tools like Exchange Traded Funds, bear funds and Enhanced Index funds to profit in any market climate.

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