India: How To Play the Shift From West to East

Published on
July 29th, 2022
40 minutes

Fed Week: Powell Abandons Forward Guidance: With Jim Bianco and Joseph Wang

India: How To Play the Shift From West to East

The Essential Conversation ·
Featuring Debashish Bose and Ash Bennington

Published on: July 29th, 2022 • Duration: 40 minutes

Calling it a “global” financial system ignores the fact that what it describes does not reflect the reality of what’s happening beyond the West, according to Debashish Bose, Managing Director of Oaks Asset Management. And it’s too simple to categorize countries like India as being “with” or “against” the United States and/or the U.S. dollar. Such framing, says Bose, ignores the reality of long-term trade relationships that include countries like Russia and China. But cracks are forming in the postwar order; as Bose sees it, the future will be defined by regional trade, energy blocs, and military alliances of convenience. India, transitioning from a low-income to a middle-income economy with a major focus on its digital ecosystem, is well-positioned to benefit from a global realignment. And Bose is positioning to capitalize on it. As Bose explains, “Assume anything that can be disrupted, will be disrupted.” Recorded on May 27, 2022.