Market Update 16/12
Let’s see…what is positive…ok the government is going to push through hundreds of billions of baht of infrastructure projects next year, and they claim that there won’t be any delays. And…that’s it.
Protests have started again. It’s been quite a few years since the last ones…so things are returning to normal in Bangkok. At one point you’ll see the hotel names getting hurt badly by this should protests continue and embassies begin issuing warnings, and then buy…
Outlook for politics…the government and friends have been controlling the country with a carrot and a stick for the past 5 years…looks like the carrot is gone and there’s only a stick left.