Once again, Singapore stands out as the country perceived to have had the most stable monetary policy during the past year, according to our survey of 1,090 investors. Hong Kong, which is forever in competition with Singapore, didn’t even garner half the number of votes. Interestingly, China came in third, indicating a level of comfort with the managed currency.
Like last year, credit default swap CDS spreads are viewed as the number one indicator of default, according to those polled. While rating agency research does not top the list as an indicator, perhaps a sign that investors are regaining faith in the agencies is that the percentage...
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