Market Update 13/10 – 17/10
The Thai market has taking a beating this month along with the rest of the world, this isn’t a huge surprise given the valuation levels, a recovery that has yet to be seen (even though it is priced in yet), infrastructure spending that has been priced in (Even though that doesn’t start for another 2 years) and a possible fed rate hike at the end of this month. But does this mean we’re going to see a huge crash? I doubt it.