Market Update 29/04
Every sector is green except for industrials…specifically this is IVL et al.
So my random thoughts on the market? Hasn’t changed, good til now given the sharp drop in 4Q18, earnings are still average (at best) and valuations are high-ish. Plus who knows what is going to happen on the 9th May when the election results are confirmed. Amusing that Indonesia is already going ahead with forming a new government even though their elections were after Thailand’s and their population is 3x that of Thailand.