stander Posted September 26, 2016 Share Posted September 26, 2016 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 Link to comment Share on other sites More sharing options...
Mekong Thunder Posted October 11, 2016 Share Posted October 11, 2016 I wouldn't invest my lunch money into a country with a murdering madman like Duterte at the helm! Link to comment Share on other sites More sharing options...
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