Market Update 08/02
Oh Thailand, how your choice of government never fails to disappoint me…but markets love the control of 1 dominant party as it implies 1) Stability 2) Policies that should last more than 12 months.
Anyways – look at my darling resources & industrials, even propcon has a double bottom.
If this has helped you, please consider donating and buy me a Somtum Waffle 🙏🧇
peter satrapa-binder
regarding government: what did you really expect? i believe that from the outset probably only 2 scenarios were likely:
– either BJT wins outright and gets to be the government coalition leader
– or the People’s Party wins but will either not be allowed or not be able to form a government coalition -> BJT will form the government
I’d say it went (or will go) fully as expected.
Pon
Yes. The election didn’t matter.
Only q is the referendum change. Hopefully it the constitution is adjusted to be less ridiculous.