IIF - Invest In India At A 15% Discount

It has become harder to find attractively priced growth investments in the United States. The real GDP growth in the US has been running a little over 2% a year, much lower than India's growth rate.

India has been averaging 7% real GDP growth over the last ten years. More recently there has been a growth slowdown. Here are the numbers for the last four quarters:

Quarter Ending Actual GDP Growth Rate Consensus

2/2019 6.6% 6.9%

5/2019 5.8% 6.3%

8/2019 5.0% 5.7%

11/2019 4.5% 4.7%

Source: tradingeconomics.com

The downward trend does not look good. But

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