Industry Update – Weekly

Markets are still soaring, YTD up 3.3% with all sectors in the green and only financials underperforming because of the Thai government wanting to transfer the FIDF debt burden from the government’s balance sheet to the Bank of Thailand’s balance sheet. Looks like the LTRO from the ECB is working its liquidity wonders similar to what the Fed did in 2009.

 

 

 

 

 

 

 

 

 

 

 

 

 

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