It’s becoming amusing for some sectors (I have to extend the chart indices lower). But again the story remains quite the same for the overall market…banks + telcos seem to be where folks are hiding out. And until the banks decide to lend again (which they can’t as they won’t accept the truth of the […]

I thought that Thailand started working again mid May, no, there was another long weekend…for wife # whatever. Perhaps Thailand is a perfect example of what happens when there are too many holidays and people don’t work, it’s becoming the France/Italy of Asia. I believe that Prayuth and friends added 2 holidays, and if you […]

Bonus 2

And so the nerves of the political brouhaha have started. With the noise against Thaksin & Yingluck who wants to take the over/under that Ung-ing gets kicked out? Or is just a tactic to pressure them regarding the budget? What happens if Anutin becomes PM? 1Q #’s came out and looked quite meh – even […]

Bonus 5

It’s still such a depressing market to be involved in..and now we’ll see how long it bumps along the bottom for. 1Q25 earnings are all done and now there will be no newsflow until August so we’ll have 3 months of proper noise in the market. It’ll start with politics – the draft budget is […]

Thailand cut rates, the baht went to as strong as 32.8 versus the USD and the market has recovered a bit. Trumpy has spanked China (though let’s see what happens over the next 1-2 months regarding this negotiation – the probability of this already resolved by now is 1%, no negotiation can be completed in […]

Bonus 5