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October 29, 2007

Money's flowing out of the U.S. and into India and China.

Wonder why the Dow is getting toppy, yet the Indian stock exchange just hit an all time high? It's because of foreign money flows entering into the Indian market. Watch these money flows and the direction they head in. For it may stay this way overall for quite some time.

India's Sensex Exceeds 20,000 for First Time on Record Overseas Investment India's Sensitive Index topped 20,000 for the first time, buoyed by record inflows from U.S. and European investors that have caused the benchmark to double in less than two years.

Sean Hyman


Posted at 03:05 PM |

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