Alan Quasha is someone who has to know what is going on in the world of finance. Since the financial companies in which he is involved – president of Quadrant Management Inc. and Partner at Vanterra – are global, being abreast of economic developments and downturns on a global level is part of the job. That is why the latest news in the Indian stock market might be somewhat troubling for a man like Quasha. One of the countries in which Quadrant Management Inc. has an office, is India.
Indian Stock Market and Alan Quasha
The Indian stock market is currently in decline, and that fact, together with the crisis of Greek sovereign debt has “raised the specter of a double dip recession.” This is also quite disappointingly surprising since it was only recently that NIFTY (the major index for companies on the country’s National Stock Exchange) was looking pretty good. Clearly therefore, what has now happened and what was predicted to have happened in the country’s economy, just shows how important it is for global companies such as Quasha’s to constantly keep on top of worldwide fiscal flux.