[Vantage Point] The uncomfortable math behind Jollibee’s MSCI demotion
![[Vantage Point] The uncomfortable math behind Jollibee’s MSCI demotion](/api/image-proxy?url=https%3A%2F%2Fwww.rappler.com%2Ftachyon%2F2026%2F05%2FScreenshot-2026-05-22-at-6.24.50-PM.png&w=1200&q=82)
Jollibee’s MSCI downgrade formalizes what sophisticated investors were already starting to see below the surface: Jollibee’s financial status has moved into a tougher period in which growth alone is no longer sufficient.
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