India's consumption story is not nearing an end, says Vikas Khemani

Earnings growth in FY20 is more likely to be around 15-16% and not 20% with a lot more of it in the latter part of the financial year, says Vikas Khemani, founder, Carnelian Capital Advisors

US-China trade war fears and election-related uncertainty have made the markets nervous over the past few sessions. VIKAS KHEMANI, founder, Carnelian Capital Advisors, tells Puneet Wadhwa that when these issues start to settle, the markets, which are currently in a risk-averse phase, too, will stabilise. Edited excerpts:

How will US-China trade impact the world economy and markets?

De-globalisation and protectionism have been on the rise for three-four years and the ongoing trade-related issues are not new. These kinds of adjustments take time and are settled over a long period. The negotiation process will always see many tantrums with push and pull from