Philippine Economy Talk

**uls** · April 19th, 2018 04:25 PM

check out the rally after 2PM

went well above 7700

but fell back below 7700

**uls** · April 20th, 2018 10:15 AM

expect PH equities to remain volatile

will see bargain hunters

**Monseratto** · April 23rd, 2018 11:11 AM

"World's WORST Stock Market in the World"

World’s Worst Stock Market Slides Into ‘Death’ Territory - Bloomberg

The Philippine Stock Exchange Index, the world’s worst performing equity benchmark with a year-to-date loss of about 10 percent, is poised for more weakness as its 50-day moving average slips below its 200-day line, forming a bearish pattern called a “death cross.” In the three previous instances of this pattern for the benchmark, Philippine equities sank deeper. More than $30 billion in market value has already been erased since the gauge peaked on January 29 as investors sold down amid fears rising inflation could trigger a sharper rate increase by its central bank.

**uls** · April 23rd, 2018 11:27 AM

fundamentals

watch earnings

usually earnings are in line with expectations

but going forward earnings could disappoint coz of inflation

**uls** · April 23rd, 2018 12:25 PM

Originally Posted by Monseratto

"World's WORST Stock Market in the World"

World’s Worst Stock Market Slides Into ‘Death’ Territory - Bloomberg

at the same time this is happened

https://www.bloomberg.com/news/artic...d-of-elections

Malaysia Stocks Hit Record as Foreigners Buy Ahead of Elections

looks like fund managers shifting capital from PH to MY

**uls** · April 23rd, 2018 05:32 PM

PHP is already weak against a weak dollar

what happens if the dollar strengthens?

BSP is downplaying inflation saying it's temporary

we'll get even more inflation if the dollar strengthens

how long can BSP stay on hold?

**jut703** · April 23rd, 2018 08:28 PM

Putting all the global factors aside (since everyone suffers from them), it seems that the biggest factor that has caused the PSEi to tumble down is the TRAIN law.

I wonder if they really thought this through or merely pandered to the whims of a president who has admitted to having no economic aptitude.

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