India and Pakistan 75th anniversary in 10 charts
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India and Pakistan mark their 75th anniversary of independence (Bangladesh, formerly East Pakistan, turned 50 in March)
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Mutual fear underpins messaging of dominant political powers, India's BJP and Pakistan's military, and obstructs trade
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Very different equity markets: India is 14% of EM and a little expensive vs history, Pakistan is 3% of FM and very cheap
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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