Hello hello hello, I’m backkkkkk.

Tomorrow Vayupak 3 (yes, as I was reminded on Friday, it’s actually #3 if you know your history) is supposedly going to start hitting the Thai equity market, in the space of 8 weeks the SET has gone from ~1250 to ~1450, that’s a +16%, throw in the USD/THB going from 36 to 32, that’s another +11%, Thailand, until China this past week, was the best performing index in USD terms in the region. Now that’s the power of USD 10 bn hitting the country in a short amount of time.

Will it continue? Don’t know – could see a sell-on fact. Nevertheless, PT and friends have made investing in the Thailand, “puntable” again.