ripple effects
Okay, Okay, Okay. . . so I keep saying that Typhoon Haiyan (locally, Yolanda) shouldn't affect the stock market much.
Let's consider some long term ripple effects. Tacloban, which was hit hardest, is being called "ground zero" for Philippine politicians and the emerging early campaign for the presidency. This is something we might want to think about as we recall how politics has played a part in buoying the PSEi over the last couple of years.
For one reason or another, President Aquino's administration has been good for the stock market. Knowing who the future contenders makes for more than just good conversation. It can help us prepare for how investments will be moved around. If a stock market will be pushed down by external forces, there may be buying opportunities. We'll want to have cash for that. If it pushes the market sky high, we'd want to have a good inventory of stocks to sell.
Vice president Binay was treated as almost a foregone conclusion as to being the next president of the Philippines. Unlike in the U.S. where vice Presidents don't have a shot at the main office, we've seen it happen in the Philippines already. Incidentally, we've also seen already two women Presidents. Now, Vice president Binay seems to facing challenges as his ratings reportedly dipped.
http://www.philstar.com/headlines/2013/11/27/1261289/sws-binay-rating-dips
Let's consider some long term ripple effects. Tacloban, which was hit hardest, is being called "ground zero" for Philippine politicians and the emerging early campaign for the presidency. This is something we might want to think about as we recall how politics has played a part in buoying the PSEi over the last couple of years.
For one reason or another, President Aquino's administration has been good for the stock market. Knowing who the future contenders makes for more than just good conversation. It can help us prepare for how investments will be moved around. If a stock market will be pushed down by external forces, there may be buying opportunities. We'll want to have cash for that. If it pushes the market sky high, we'd want to have a good inventory of stocks to sell.
Vice president Binay was treated as almost a foregone conclusion as to being the next president of the Philippines. Unlike in the U.S. where vice Presidents don't have a shot at the main office, we've seen it happen in the Philippines already. Incidentally, we've also seen already two women Presidents. Now, Vice president Binay seems to facing challenges as his ratings reportedly dipped.
http://www.philstar.com/headlines/2013/11/27/1261289/sws-binay-rating-dips
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