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Signal Hill Equity Partners
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As early as next year.
📉 A credit crunch may hit Asia as soon as early 2019, with Malaysia likely being one of the countries at the centre of the crisis. 🇲🇾
Nomura Research mentioned the credit crunch may not last very long, with recovery expected in July 2019.
Nomura Research also mentioned that countries with account surplus and export-reliant economies, could experience a sudden shortage in the availability of loans. 🏦
Nomura Research described the credit crunch as “the third and final wave of a bear market in Asia”.
“However, in the second half of 2019 and into 2020, we forecast an economic recovery and, like the phoenix rising from the ashes, we believe it will be Asia’s time to shine."
Nomura Research projects Malaysia’s GDP to grow 4% in 2019, compared to the consensus estimate of 4.6%. 🇲🇾