“With GDP per capita only $2.5k per capita (vs. $12.7k for China) and positive demographic trends, India is arguably at the start of a long wave boom at the same time as China may be ending one,” said Morgan Stanley’s equity strategists, including Jonathan F Garner, in a note to clients.
S&P 500 loses $2.4 trillion in market value, biggest one-day loss since 2020
The S&P 500 ended down almost 5% after U.S. President Donald Trump’s sweeping tariffs ignited fears of an all-out trade war and a global economic
April 4, 2025