Thursday, September 26, 2013

Malaysia Stocks, economy is stable

Marc Faber comments on Malaysia and its stock markets:
Malaysia may not be seen as an exciting market and the stock market is certainly not cheap, but this is a well-balanced economy and stable enough to let you sleep soundly at night

Malaysian equities are not exciting. However, they are relatively stable, supported by a well-balanced economy coupled with no major downward risks

Opinion on their Banks:
Unlike US banks, Malaysia's are solid and they do not involve in derivatives or gamble.