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October 1st, 2018 01:24 PM #1181
Anong projection mo uls? Sa gitna ako - 6.8
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October 1st, 2018 01:33 PM #1182Spaghetting pababa ang psei... its gonna be a long hold para makabawi ako... yoko na dumagdag, pagod na ako humabol...
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October 1st, 2018 02:39 PM #1183
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October 1st, 2018 02:50 PM #1184
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October 1st, 2018 03:02 PM #1185
i forgot there's also further PHP depreciation from Aug to Sept which also adds to inflation
yes it gets worse before it gets better
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PH's widening current account deficit (more $$$ going out than coming in)
eventually it will self-correct in a painful way
coz as $$$ become more expensive making imports more expensive demand for imported goods will go down (too expensive) so demand for $$$ will go down
that'll will narrow the current account deficitLast edited by uls; October 1st, 2018 at 03:04 PM.
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October 1st, 2018 07:43 PM #1186
as prices of basics keep rising people will cut back on non-essentials (consumer discretionary)
durable goods or consumer durables:
Re automobiles there's data on that -- car sales keep falling month after month
wish we have data on appliance sales it's a good indicator
re apparel... no data on that but lots of discounted apparel everywhere
re entertainment & leisure no data but looks like people are still going to movies and restaurants are full
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October 1st, 2018 09:06 PM #1187
Aside from train, malaki epekto ng regulation ng tnvs. I am not seeing a lot of 4th gen vioses on the road.
Sa entertainment, parang yan yung di pinaka naaapektuhan ng slowdown kung sakali. Historically, one of the more resilient industries. Laki ng kita ng excess baggage at the hows of us.
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October 2nd, 2018 12:40 PM #1189
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October 2nd, 2018 04:38 PM #1190
what's gonna happen to PH economy?
it's gonna slow down
why?
higher oil prices --> higher inflation --> higher interest rates
But it is a chinese vehicle you can get spare parts from lazada or shopee right?
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