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  1. Join Date
    Nov 2005
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    #181
    the Fed started buying bonds in Nov 2008 and ended in Oct 2014

    they bought 4.5 trillion dollars worth of bonds




    -


    Dec 2008 Fed cut interest rate to zero and held it there for 7 years

    during those years the dollar was weakest

    the dollar started to recover after they started raising rates and ended their bond buying

    Last edited by uls; March 7th, 2018 at 07:24 PM.

  2. Join Date
    Nov 2005
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    #182
    OFW remittances higher than ever

    PH remittances beat gov't target, hit record in 217

    MANILA, Philippines – Money sent home by overseas Filipino workers (OFWs) ended last year strong, resulting in all-time high remittance numbers in 2017, said the Bangko Sentral ng Pilipinas (BSP) on Thursday, February 15.

    Full-year personal remittances hit $31.29 billion, 5.3% higher than the $29.7 billion recorded in 2016 and exceeding the 4% projection of the BSP.

    In December 2017 alone, personal remittances reached $3 billion.

  3. Join Date
    Nov 2005
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    #183
    All that free money inflated asset prices all over the world

    great recession in 2008 ---> Fed bond buying started ---> stocks bottomed in 2009 ---> upward trajectory ever since

    Last edited by uls; March 7th, 2018 at 08:00 PM.

  4. Join Date
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    #184
    You can google all you want uls but the reality remains that investors are pulling out from the PH market because of unstable fiscal policies. But of course you wont admit that.

    Sent from my SM-N950F using Tapatalk

  5. Join Date
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    #185
    When the Fed ended bond buying the ECB took over

    they're still at it

    4.5 trillion euros already

    Last edited by uls; March 7th, 2018 at 08:01 PM.

  6. Join Date
    Nov 2005
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    #186
    Quote Originally Posted by shadow View Post
    My question is economically, are we better right now or pareho lang during Pnoy's? Alisin na natin yun outside factors. Ok, swerte si pnoy, malas si duts dahil sa Timing. How about yun financial teams nila?




    Sent from my iPhone using Tapatalk



    ok, ask kita shadow,

    mas malaki ba ang kita niyo for the full year of 2017?

    compared to previous years?

    maganda ang 2017 diba?

  7. Join Date
    Oct 2002
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    #187
    Quote Originally Posted by uls View Post
    ok, ask kita shadow,

    mas malaki ba ang kita niyo for the full year of 2017?

    compared to previous years?

    maganda ang 2017 diba?
    To be honest, not as bad as we're expecting the most is pareho lang. But that's because Yun nature ng 3 main businesses namin is not really affected by dollar movements. I don't want to get into details here but to put it simply we can take the hit.

    But I don't know with others.

    PM kita explain lo sayo kung bakit Hinde kami affected.



    Sent from my iPhone using Tapatalk

  8. Join Date
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    #188
    Quote Originally Posted by shadow View Post
    To be honest, not as bad as we're expecting the most is pareho lang. But that's because Yun nature ng 3 main businesses namin is not really affected by dollar movements. I don't want to get into details here but to put it simply we can take the hit.

    But I don't know with others.

    PM kita explain lo sayo kung bakit Hinde kami affected.



    Sent from my iPhone using Tapatalk
    Ok

    What I actually meant was.... 2017 is the first full year of the du30 admin

    I heard quite a number of business people say 2017 was a good year

    So I think it was a good year for you too

  9. Join Date
    Sep 2014
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    8,481
    #189
    Quote Originally Posted by dreamur View Post
    You can google all you want uls but the reality remains that investors are pulling out from the PH market because of unstable fiscal policies. But of course you wont admit that.

    Sent from my SM-N950F using Tapatalk
    dream lahat bullish sa economy ngaun even sa nearby provinces. I go out Friday and Saturday, with Friday mostly in Ortigas, and Saturday in BGC, and people have lots of money spend. so many new sprouting businesses to, pero usually mga maliliit lang muna. there's too much creativity and energy, more particularly emanating from the younger millenial gen.

    wag mo na kasi samahan mga kasing tanda mo, kasi talaga sa bahay na lang sila reading or watching the news. It's the age gap and some how it's showing the illusion that is the world but it's not . I tell you

    I can startup 5 business ngaun na sa tingen ko maging feasible in the next years to come. hiwalayan mo na kasi ang yellow army. they are now the prophets of doom or in America, they are the or the naysayers coincidentally, in American the naysayers today are the future homeless.

    puro kasi kayo macroeconomics, think microeconomics. the only way to observer micro, is to be right there in the dead center, not the passive informing yourself from charts and news.

  10. Join Date
    Feb 2008
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    #190
    OB, apparently you are only looking at the local business condition. Here's a macroeconomic view - I belong to an industry contributing $30B a year revenue and employing 4M filipinos. That is $4B in corporate taxes and another $3B in personal income tax. Let us just assume 10% will close shops because of unfriendly tax environment. That is half a billion dollars that will drain out of the reserves. Do you think China and Russia will subsidize?

    Here is a micro view - my company employs 3000 heads. Multiplier is 4 to a family so that is 12,000 mouth to feed. If the head office will decide to move operations somewhere else, do you think the duterte kitchen will feed the 12000?

    Meantime, the company will offer golden parachutes to the executives. Thank you digong! And I will give a middle finger salute to the employees who are given free access to social media using company resources only to insult the motherland of the company that put food on their table and send their kids to school. Yes, I know who they are because I can read what they are posting on their walls but we tolerate it because we value freedom of expression and encourage open discussion.

    Sent from my SM-N950F using Tapatalk
    Last edited by dreamur; March 8th, 2018 at 12:44 AM.

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Philippine Economy Talk