A brief respite

The news has been abuzz aplenty the last few days.  Extreme shifts in sentiment from bearish to not so bearish.

1.  Fitch takes off the negative warning on Malaysia.  This is sort of a weird event.  A lot of people are actually still negative regardless of the Fitch statement.  It could bode well for a short term rally.

2.  1MDB seems to have been getting some reprieve due to an industrial saboteur caught in Thailand apparently spreading lies in return for money.  This has led to a softer stance by the government in considering for 1MDB's debt to be put on the government's balance sheet and some acknowledgement of criticism of the state investment fund.

3.  The Edge markets has gotten a letter regarding printing slanderous events on 1MDB that it is accused did not have a reasonable basis over.  Truthfully, the media does tend to jump to conclusions, but I'd like to see some evidence regarding the whistleblower reports which The Edge bases its articles on was not fabricated.