Malaysia is merely less bad than Indonesia and Thailand at the moment, though not necessarily attractive. Not only are valuations on Malaysian stocks still considered a tad high, but late last month, Fitch Ratings lowered its outlook on the country’s credit rating to negative from stable. Government debt there rose 170 basis points at the end of the last year from the end of 2011.
Global X FTSE ASEAN 40 ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of EEM.