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Global wealth surges as China overtakes US as world’s richest nation

by AIP Online Bureau | Nov 16, 2021 | Eco/Invest/Demography, International News

As computed by McKinsey, 68% of global net worth is stored in real estate. The balance is held in such things as infrastructure, machinery and equipment and, to a much lesser extent, so-called intangibles like intellectual property and patents.Financial assets are not...
Mark Mobius bets on ’50-year rally’ in Indian stocks as China slows down

Mark Mobius bets on ’50-year rally’ in Indian stocks as China slows down

by AIP Online Bureau | Nov 9, 2021 | Eco/Invest/Demography, Indian News

Mark Mobius “India is on a 50-year rally,” even if there are short bouts of bear markets, Mobius said in an interview on Bloomberg Television. “India is maybe where China used to be 10 years ago,” said Veteran investor Mark Mobius , adding the government policies of...
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