The Market Call | November 2021

Reading Time: < 1 minute Macroeconomy The economic recovery appeared to gain momentum as GDP bloated beyond consensus in Q3-2021. The 3.8% QoQ (seasonally adjusted) rise tends to confirm this, amidst muscular rebounds in consumer spending and the output of the Services sector. With milder quarantine restrictions in Metro Manila+ starting, and headline inflation going below 4% by December at... Read More

The Market Call | October 2021

Reading Time: 2 minutes Macroeconomy Foreign direct investment was boosted by large inflows. Despite Metro Manila+’s tighter lockdown in July-August, new economic data paint a brighter outlook for GDP in Q3 than earlier projected. The Manufacturing sector’s sterling performance in August capped a three-month run with an average monthly YoY growth of 509.3% and PMI above-50 in September to boot.... Read More

Wise Money Tips for the OFWs in the Pandemic

Reading Time: 4 minutes It’s been more than a year since the COVID-19 hit the entire world. What began as a health crisis evolved into an economic slowdown on a global scale. Among the sectors severely affected were Filipino migrant workers who lost jobs, some had to return to the country and others unable to work abroad again.   From 2.2 million OFWs deployed in 2019, it dropped to 549,000 in 2020 causing a significant decline also in... Read More

The Market Call | September 2021

Reading Time: < 1 minute Macroeconomy Some recent economic indicators paint an optimistic recovery, shoring confidence that we would end the year with a decent growth. Manufacturing and export outputs kept their torrid triple and double-digit growths, respectively. NG disbursements slightly inched up. Employment print, likewise, showed lower unemployment rates, although some negatives also appeared. The uncertainties caused by elevated... Read More

The Market Call | August 2021

Reading Time: < 1 minute Macroeconomy Q2 double-digit economic expansion brought back optimism, after the economy succumbed to the red for the past five consecutive quarters. The rest of the economic data painted a brighter outlook for the rest of 2021. Manufacturing gains skyrocketed to 453% in June and the economy added 360-K jobs. Moreover, government disbursements continued to gain... Read More

5 Perks of Investing Early

Reading Time: < 1 minute Age plays a crucial role when it comes to investing. Regular investments, no matter how small it may be, made right from an early age can reap huge benefits over the long-term.  So why is it important to start investing at an early age?  Here are five exact reasons why.    1. Time is on your side  Investing for the long-term means... Read More

Important Advisory | First Metro Asset continues to Serve

Reading Time: < 1 minute In accordance with the Philippine President’s declaration to revert the National Capital Region to Enhanced Community Quarantine (ECQ), FAMI will operate on a work-from-home arrangement (WFH) until further notice.   We want to assure you that First Metro Asset remains committed to delivering outstanding investment solutions and client service. You may contact us through the... Read More

The Market Call | July 2021

Reading Time: < 1 minute Macroeconomy Most economic indicators pointed to a more healthy recovery with outsized gains in manufacturing output in May (+265% YoY), and employment on the mend, largely to induce higher consumption spending, and NG spending still on the rise. PH added 1.4-M jobs in May, making up for the previous month’s loss. Full-time employment, likewise, improved.... Read More