Based on Top$-$Down Approach, please answer the following regarding the Market Analysis:

a$)$ Explain why or why not you recommend Gross Domestic Product $($GDP$)$ growth rate to your clients $($who want to invest in stocks$)$ for the Aggregate Market Analysis in the Top$-$Down Approach.

b$)$ Assume your clients want to invest in stocks in the Asia Pacific markets in $2024$ and use a leading indicator such as Manufacturing PMI $($Performance of Manufacturing Index$)($data available at website: tradingeconomics.com$/$countries$,$ see the Asia and Australia columns$)$ for decision making.

Based on the Manufacturing PMI data solely, which stock markets in the Asia Pacific region would you like to advise your clients to invest in$?$ Explain your decisions.