Thanks to Jollibee and competition for keeping McDo’s prices in check. But then margins must be collapsing, amidst inflation.
Fun fact: Which country’s passport grants its holders entry to the most countries without a visa? Japan and Singapore rank at the top, along with France, Germany, Italy and Spain.
The Philippines ranks 73rd, below Thailand and Indonesia, but above Vietnam and Cambodia.
Four straight years of falling stock prices amidst four straight years of rising earnings - stocks must be quite cheap now.
Close to 60% of Americans own stocks - compared to less than 2% of Filipinos. GStocks now provides instant access to stock trading to over 80 million GCash users.
Stock Market value turnover is set to close the year at just USD85 million per day - the lowest in 14 years. Back in 2009, the PCOMP traded at 3000. Cory Aquino passed away, GMA and Noli de Castro were serving their last year in office, and typhoon Ondoy hit the country.
In the US, this year’s money was made not in the buying or selling but in the SITTING. Worth remembering when the market here turns.
“Higher for Longer” no longer?
Surging gold prices reflect expectations of a weaker Dollar; which in turn reflect expectations of Fed easing sooner rather than later.
With all the Q3 numbers out, it appears that corporate earnings growth was fueled mostly by price increases rather than volume growth. So where did the 5.9% GDP growth number come from?
Too much of a good thing??
Why do the more prosperous countries appear to be the least active on social media?
Stock market turnover today was a mere USD24 million. This must be the lowest in 20 years and brings back memories of the Erap days.
Slowing Growth + Rising Prices = Stagflation
Monetary Policy is inutile in this scenario. Only import liberalisation can reduce prices and stimulate growth.














