The Philippines is the best macro story in Asia, according to Christopher Wood, the controversial equity strategist at CLSA. He said as much at a lunch for reporters last week during CLSA's annual investors' forum.

Investors are looking for domestically focused economies, given slow global growth. And they are also keen to target countries with heavy government spending. The Philippines ticks both boxes. 

"The real story in the Philippines is infrastructure," Wood said. Despite the dramatic political grandstanding by new President Rodrigo Duterte, "his economic team is orthodox," Wood added.

http://realmoney.thestreet.com/articles/09/26/2016/best-macro-story-asia?puc=twitter&cm_ven=TWITTER&utm_source=dlvr.it&utm_medium=twitter

 

I wouldn't invest my lunch money into a country with a murdering madman like Duterte at the helm!