Market Update 03/10
Some pain finally hit the market on 03/10.
Will it continue? Should we really care that much about Credit Suisse? Look at the Chairman’s name, Lehmann! We do live in a simulation, it’s just ridiculous.
Are we going to see oil wake up again for the rest of the year? I’m betting so.
With the banks increasing rates all around…NIM expansion story coming? Question is whether it’ll offset the declines in Non-NII income, I think so…
Note that Prayuth is back in charge, short term it’s a positive as I’ve heard Prawit didn’t dare to sign on any approvals of projects.