Malaysia’s sunspots

Economic fundamentals: Ringgit notes seen among US dollar bills in this photo illustration taken in Singapore. At RM4.50 to the US dollar, any assumptions made on the macro view for Malaysia earlier in the year would have to be revised.

Fundamentals, sentiment and mechanism need to be differentiated to evaluate country’s sunspots

The term sunspot refers to the concept of extrinsic uncertainty, that is, economic uncertainty that does not come from variation in economic fundamentals.