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Saturday, May 4, 2024

Random Thoughts: Prayuth’s Performance | ThaiCapitalist

Prayuth is not an idiot, he’s been in control of Thailand with his buddies for the past 9 years. Anyone in charge of a country for that long has to be one wily clever sob. But has this incredible intelligence translated into an amazing stock market performance for Thailand?

The clever folks here have conducted the most in-depth analysis in the history of the world in order to uncover this gem for you. Before we delve into the deepest depths of the analysis, this is the summary: SHIT.

  • In order to shorten this post, we shall use the following dates & acronyms, the Friday before the coup, 22 August 2014, Before Prayuth (“BPee”) and the latest date, 2 June 2023 (“NOW”).
  • All data was pulled from Bloomberg and based upon the SET Index Members at the time. Any mistakes in data is 1000% Bloomberg’s fault.

Here’s the wily facts:

  • The…

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