The key difference between the coup in 2006 and this one, is that the “leader” of the coup will maintain control until elections. In 2006 the military had passed on power to Surayud and others and thus were perhaps unable to push through every reform and agenda that they had. This time around Prayuth, things have […]
Read More →So Bloomberg has come out with a story saying the post-coup rally is over. Here are some quotes from a few strategists in Thailand. “We advised clients to begin reducing their holdings to lock in profit,” said Chaiyaporn Nompitakcharoen, a strategist at Bualuang who correctly predicted the market would rally in a May 26 report. […]
Read More →Back in May I posted this A few things to note: The SET has only been around since 1987 Looks like the 1st Quarter post a coup is great, 2nd quarter is rubbish With the market off some -1% as of writing some people are getting nervous (they haven’t seen a drop […]
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