NOBODY SAID THE RIDE WOULD BE SMOOTH by Gus Cosio

10:05 am  Tuesday 25 May 2010  Philippine Stock Exchange Index  3154.22 (down 37 points) With all this volatility in the global markets, it is inevitable that the local market would absorb a lot of this volatility in spite of positive macroeconomic fundamentals locally.  Of the country’s total exports, 43.3% go to East Asian Countries and 16.8% go to the U.S. ... Read More

“THE DISSERVICE OF NOT BEING IN THE MARKET” by Gus Cosio

8:00 am  Thursday  13 May 2010   Philippine Stock Exchange Index   3269.48 (+0.2%) If anyone is in doubt about our stock market, you’d better think again.  When GMA won the election in 2004, the stock market rallied 27%  in the 12 months following.  When Erap won in 1998, despite being in the middle of the Asian crisis, the market still rallied... Read More