NEW YORK ( TheStreet) -- Could India, which has the world's second-fastest-growing economy, follow the lead of Greece and Italy?Long-term yields on India's debt are about 9%, much higher than Italy's when the European nation started to quake, an ordeal that ended with the resignation of Prime Minister Silvio Berlusconi two days ago. India's high yields are less concerning because the country's economy is growing quickly. Still, there are signs of slowing growth and a weakening banking system.
Could India Go the Way of Greece and Italy?
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.