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Market Update 22/03 | ThaiCapitalist
Ohhh boy look at the markets. Naturally over the past 12 months returns look amazing because guess what it’s been a year since the Wuflu starting hitting the Western markets (it hit Asian markets initially in Feb ’20) and then took the global markets all the way down. 12 months! It’s been a year of “2 more weeks”
As a result of these Policy Errors you’re seeing the logistics players go through the roof, the commodities (oil, sugar, coal, food etc etc etc) going higher than 99% of market commentators thought were possible, shipping somehow just woke up, etc etc. And now we’re going to see a global recovery in demand (+all that fiscal spending kicking in over the next 12-25 months) towards 2H21, and what’s going to happen to this prices when supply can’t catch up. You better go and enjoy the sites of this country before the tourists return,…
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