Asia

India, which is expected to grow faster than many Asian countries, has also been caught up in the recent global stock market rout. The country’s benchmark S&P BSE Sensex  had lost 6.3% of its value this year through Friday. On Monday, the Sensex was trading slightly lower.

The stabilization seen in Chinese markets on Monday may be short lived. Investors expect China to report on Tuesday that the economy grew at around 7% last year — the slowest pace in a quarter-century.

Meanwhile, some analysts say that a fall in the Shanghai benchmark to 2,500 from the current 2,913.84 level could trigger widespread margin calls. Margins loans — money borrowed by investors to fund share purchases — fueled a rally in Shanghai early last year. But when the market began to crumble, brokerages began calling investors to pay back loans, making losses snowball.

I think its a good time to start buying the shanghai index, and probably to keep buying it for a little while.  Its around 2900 or half off from its last major peak.  Buy below 3000, sell above 5000.  Pretty obvious trade to me.  Indian stocks will crash after the us crashes.  The us is propped up by cheap gas, maybe india is propped up by cheap commodities.