A member of my team made a comment the other day that the Thai market appears to track the Chinese equity markets whereas the Vietnam market tracks the US equity markets. Depending upon your timeframe, if you do a quick correlation exercise, you’ll find it is rather accurate (again timeframe dependent).
Now back to the Thai market, the annoying month that is September (for some reason it’s always stuck in my mind as a dangerous month every year for equities in Thailand…) is nearly over.
I’m still on the bandwagon of commodities (see sugar? rice? oil? etc etc)+ srettha & friends selling Thailand incredibly well. My main fear remains the currency. Let’s see how it all unfolds.
Side Note: Thailandtv.news is taking my posts without my consent. I look forward going after youlot.
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