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 a weekend by the top 2 players in the world).

What’s interesting on the ground here? Earnings earnings earnings – there’s some interesting little names that continue to surprise. Banks are doing what they’re doing, have you seen how CCET & DELTA moved in the past week? My eyes are on the big petrochems PTTGC, IVL, is there some life coming back to these names? Interesting times ahead. Tourism – overall #’s may still be down but the total spend is apparently at all-time highs. Who needs the Chinese tourists that don’t spending anything in the country other than at 7-11s….

BrofinanceGPT says the market will rise but there’s going to be some noise…odd normally the market and currency should move together…would a weaker THB = a higher SET? Doesn’t make sense on flows, but fine….so be it.