If I were to do a correlation between every trip I take to a different continent with political events in Thailand the result would be near 1.0. So a coup has happened this time (previous time was the flooding, before that was the May 2010 fights, and before that was the airport shutdown, my traveling is a really good barometer), and for a brief moment I felt like Dr. T (a coup while in NYC and then a stopover in Dubai).
I’m still digesting my thoughts on how this all will play out but it looks like the military and the “powers that be” have spent the past 3 years meticulously planning this and their implementation thus far has been swift and efficient.
So ok quickly about the market, just quickly, lets see how the SET performs post a coup.
A few things to note:
- The SET has only been around since 1987
- Looks like the 1st Quarter post a coup is great, 2nd quarter is rubbish