Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (10167)	9/24/2001 6:22:19 AM
From: Muthusamy SELVARAJU	Read Replies (1) of 74559

Jay, I've been living in KL for the past year and watching the local political and social scene. I'm coming to the following conclusions: a) recent developments are generally positive for countries like Malaysia. It's marginalising the extremists, as the general populace is being forced to rethink how far they'd like their previously ambivalent views on fundamentalism to 'will it give my children a safe place in this world'. I think they're coming to the conclusion that it is not. b) the political parties here are in disarray, as they cannot coalesce around a consistent, alternative view to government. The Sarawak poll results later this week should confirm the strength of the mainstream party. c) Asset prices are extremely low right now, so a modest dead cat bounce is likely in such markets such as Malaysia. So I feel Asian emerging markets like Malaysia could see a short-term bounce in the next weeks. Selva

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