logo
episode-header-image
Aug 2024
1h 16m

India Is The Most Promising Emerging Mar...

Blockworks
About this episode

This interview with Angus Shillington explores why India is the most promising emerging market, why it has outperformed the S&P 500, and the country’s favorable demographics. We also discuss the risks & rewards of investing in China, how Chinese equities compare to Indian equities, and the booming semiconductor market. This interview is paid sponsorship on behalf of the VanEck corporation. Recorded on August 22, 2024.

__

Follow Angus Shillington on Twitter: https://x.com/angusshillingto

Follow VanEck on Twitter https://x.com/vaneck_us

Follow Jack Farley on Twitter https://twitter.com/JackFarley96

Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance

Follow Blockworks on Twitter https://twitter.com/Blockworks_

__

Timestamps:

(00:00) Introduction

(00:18) Emerging Vs Developed Market Investing

(01:19) GDP Vs Equity Performance

(06:16) Risks & Rewards In Chinese Equities

(10:14) Chinese Real Estate Market

(11:54) Most Promising Emerging Market

(18:28) How India's Market Improved

(22:57) How India Companies Fund Themselves

(24:29) India's Favorable Demographics

(30:01) Best Performing Industries In India

(33:09) India Inflation

(35:31) India's Imports & Exports

(36:50) Indian Vs Chinese Equity Valuations

(45:58) Indian Investment Goals

(49:00) Indian Vs Chinese Financial Sector

(53:54) TSMC, NVIDIA, & The Semiconductor Market

(01:10:01) Does ASML Have A Monopoly

(01:12:26) Most & Least Favorable EMs



__

Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets

Up next
Yesterday
The Only Assets That Beat Fiat Debasement | Raoul Pal & Julien Bittel
In this episode, Raoul Pal and Julien Bittel explain their “Everything Code” framework showing how global debt cycles, demographics, and liquidity drive all asset prices. They argue fiat debasement is running at ~8% annually, meaning only tech stocks and crypto have outperformed ... Show More
1h 10m
Jul 4
Unpacking The Crypto Treasury Meta
In this live panel from Permissionless IV, we unpack the rapid rise of token acquisition vehicles like MicroStrategy and Defi Dev Corp. We explore why institutions are using these vehicles to accumulate crypto faster, analyze premium-to-NAV dynamics, discuss the evolution from eq ... Show More
35m 9s
Jul 4
All Roads Lead To Debasement | Weekly Roundup
This week, we dive into the latest jobs and unemployment data surprises, the hidden role of immigration in labor force changes, and why both political parties are terrible. We also dig into the looming deficit and treasury issuance implications, the EM-ification of the US, the sy ... Show More
1h 13m
Recommended Episodes
Aug 2024
Is there a bubble waiting to burst in India?
Indian equities are soaring right now. The country’s benchmark Nifty 50 index has doubled in just five years, beating out the pace of Japan, China and even the US. And it’s all being driven by millions of domestic investors who are piling into the market for the first time. But t ... Show More
20m 58s
Jun 24
India Outperforms with High Growth and Low Volatility
Morgan Stanley’s Chief Asia Equity Strategist Jonathan Garner explains why Indian equities are our most preferred market in Asia.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I’m Jonathan Garner, Morgan Stanley’s Chief Asia Equity ... Show More
4m 12s
Aug 2024
Stocks rise as US recession fears abate
Global equities surged, driven by US stocks, as strong retail numbers and encouraging jobless claims alleviated recession fears. US Treasury yields and the dollar also climbed. Meanwhile, gold rose on Middle East tensions and expectations of interest rate cuts. Retail giants Walm ... Show More
16m 33s
Oct 2024
China’s Market Resurgence, India’s Loss?
With Chinese equities being among the cheapest globally, they have sparked renewed interest from value investors. The bull run seems to have had a negative impact on Indian markets. But with past rallies fizzling out, will this time be different? Host Nishanth Vasudevan talks to ... Show More
16m 49s
Jan 2025
Martin Wolf talks to Arvind Subramanian: India, the next economic superpower?
India is the world’s most populous nation, and since the 1990s it has maintained almost Chinese levels of rapid economic growth. Prime Minister Narendra Modi aims to make India a high income country and, by implication, an economic superpower by 2047. But is that achievable? This ... Show More
30m 40s
Jun 2024
Hyundai’s Mega IPO
Get ready for what could be the biggest IPO in India this year! Hyundai Motor India, the nation's second-largest automaker, is hitting the market. The car maker may raise between ₹21,000 crore to ₹25,000 crore. The listing could surpass LIC's record-breaking IPO of ₹20,600 crore! ... Show More
30m 28s
Oct 2024
20VC: Sequoia Capital's $9BN Global Equities Fund on The Future for NVIDIA, Google & Meta | How to Play AI in the Public Markets | China & Europe: Is the Future Bleak | The Opportunity for Crossover F
Jeff Wang is the Managing Partner of Sequoia Capital Global Equities (SCGE), a public/private crossover investment firm with investments spanning from late-stage private companies to public companies. As Managing Partner, Jeff has primarily focused on public growth technology com ... Show More
1h 12m
Jul 2024
David Herro and Rajiv Jain: Should US Investors Renew Their Passports?
And we are thrilled to have with us today two fabulous investors in global equities. David Herro is here from Harris Associates. He is a longtime portfolio manager at Oakmark International and Oakmark International Small Cap. Rajiv Jain, to David’s left, is here from GQG Partners ... Show More
52m 44s
Mar 2025
What's Driving Volatility in Chinese Tech Stocks?
On today's episode, we dissect the forces driving volatility in Chinese tech stocks. Despite the recent pullback in Chinese equities, some Wall Street investors remain bullish. Morgan Stanley strategists raised their 2025 year-end index targets for Chinese stock indexes, after se ... Show More
20m 57s
Jun 2024
Making 'Make In India' Come Alive
On Sunday night, India’s new National Democratic Alliance (NDA) government was sworn into office, with Prime Minister Narendra Modi at its helm once more.We have a new group of Bharatiya Janata Party (BJP) allies, a new group of ministers, and a new look in terms of how the Modi ... Show More
40m 27s