by Frank Holmes

In the wake of his rock star reception at Madison Square Garden last Sunday, Prime Minister Narendra Modi has emphatically announced to our nation’s top corporate and political leaders that India is now open for business. Between September 26 and 30, he met with not only President Barack Obama and other high-profile politicians but also the CEOs of some of our nation’s largest and most successful companies: Google—which we own in both our All American Equity Fund (GBTFX) andHolmes Macro Trends Fund (MEGAX)—Boeing, PepsiCo and General Electric, among others.

The only thing missing was a ribbon cutting ceremony.

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