Making J.P. Morgan’s assessment of Indonesia heading into 2014 all the more ominous is that the bank is overweight on India and Thailand, two this year’s most repudiated emerging markets. Like Indonesia, India and Thailand have suffered from plunging currencies and there was talk earlier this year of technical recession for Thailand after two straight quarters of GDP contraction.
iShares MSCI Indonesia ETF
ETF Trends editorial team contributed to this post.