DOWNGRADING THAILAND $THD $TTF $TF
This post was just published on ZYX Emerging Markets ETF Alert. We are downgrading Thailand to Mild Sell from Neutral in the short-term, Mild Sell from Neutral in the medium-term, and Mild Sell from Buy in the long-term. We have previously been informing you about the risks in Thailand if the Prime Minister Yingluck Shinawatra does anything to help her brother. Her brother Thaskin Shinawatra was Prime Minister from 2001 to 2006. In a coup he was overthrown by the military. Since then he has been in exile. There are rumors that Yingluck Shinawatra could be indicted for issuing a passport