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 being tabled this month and is supposed to be approved by July – that means we’ll see a good 4-6 weeks of political bruhaha. One does have to wonder for how much longer this country can be run this poorly – then again just have a look at burma, cambodia, laos, the philippines…it could go on for quite a long time…Or will Thailand revert back to its usual muddling its way through it all in an upward slope manner?