I still hold to the viewpoint that everything is going to look better QoQ until 2H21, and as such the markets will rally.
In Thailand – the protests are priced in, hence the drop in the past 2-3 weeks plus the usual regional fund outflow.
It’s earnings season time, latest one today is CPN which only had a -12% YoY in profits. Big boys are going to hoover up the market place.
American politics – I had that bet on Trumpy. Let’s see how the legal challenges go, remember Gore vs Bush? That lasted until December. Though it’s odd that the narrative is that markets in Asia are pro-Biden/Democrat. I fear another war if they are in office…
