With the FOMC minutes due on Wed (2pm Eastern standard time), market expectations and particularly, the distribution of the FOMC’s dot plot, are likely to diverge sharply. Whether the signal for a lift-off in interest rates comes now or later, it is prudent to take stock of the current rotation in funds flow. This week, we discuss about Top Glove’s changing fundamentals, Malaysia’s NFO sector, finding value in Thai healthcare and our top picks in the Philippines that may double returns in 5 years time.
