“India Indicator” Better Than “Buffett Indicator”- JC Parets

If you’re ignoring the Indian Stock Market, I think you’re doing yourself a huge disservice.

Even if you never plan on trading stocks in India at any point in your life, it doesn’t matter. There’s amazing information coming from there.

For example, take a look at that relative strength in Indian Bank stocks before US Stocks, and Stocks in general, rallied throughout 2019. That was an epic rally, if you recall.

The Indian Banks had already been telling us that it was coming!

Then Fast forward to Q1 2020 when US Financials made new highs along with European Banks. But Indian Bank stocks were already warning otherwise, for months before stocks finally crashed.

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