So reality is setting in again for the markets, here’s what you have coming…trade war impacts are going to hit the markets further. Currencies are going to continuously go a bit nuts. And hey 2/3’s of the debt outside the US are -ve yielding.

Specific to Thailand…weak exports…tourism dropping YoY (but still pretty darn good), strong currency, weak farm prices, over indebted population but there is still a ton of liquidity domestically.

Bombs? It’s again an odd bombing situation, whilst it is sad that some people were hurt…its again one of those bombing situations where no died (thankfully!) so who benefits from this? Are we going to see higher military budgets again? Maybe more submarines will protect the population from these bombings…