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Economic Deterioration of India continues....

BATS:EPI   WisdomTree India Earnings Fund
1
India decline was probably one of the most under reported stories of 2011. The Bombay exchange lost close to 20 % in 2011. Some of the factors hurting it's economy : High inflation which in turn hurt Job creation, lack of investments from local companies which is not good for GDP. EPI had a negative return (40.4 %) vs 1.9 % for the SPY

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