Indians are young—almost half of them are under 25—and growing richer. Its income per capita has risen by 12% between 2008 and 2011, to $1,500. The International Monetary Fund reckons it will reach $2,300 by 2016.

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Is the Fed helping anyone with this communication?

I made the list! I have influence (i guess)!

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My friends at Morgan are being advised by the higher-ups to tell their clients, especially the ones who have a shot at getting shares, to curb their enthusiasm.

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Event.