The military has come out multiple times stating that a coup isn’t on the cards…yet…or may never be. Our viewpoint is that we don’t see it happening unless there is a huge amount of violence.

“People are scared of something that hasn’t taken place yet,” Army Chief Prayuth Chan-Ocha told reporters in Bangkok yesterday. “Don’t be scared if you can’t see it. Everything must happen for a reason,” he said, before adding, “without a reason, nothing will happen.”

Source: Bloomberg