the PHL stock market has been one of world's best performing stock market in the past 6 years. it is no longer what it was before during the last months of the Arroyo admin. in the past 6 years it has risen spectacularly that it has broken historic highs many times over that its too many to count already.
with a Rody Duterte win in the election, the market for sure will react to it. business and investors will be scared, will feel uneasy and will most likely sell down the market.
a market decline is sure to happen under a Duterte presidency. the only question now is how bad will the decline be? it can range from a market collapse to something like going back to the low levels during the Arroyo admin.
i know a lot of stock market investors who have started to sell their holding since a month ago in anticipation of a Duterte win in the elections.
i hope it does not happen but it does not look that way.
with a Rody Duterte win in the election, the market for sure will react to it. business and investors will be scared, will feel uneasy and will most likely sell down the market.
a market decline is sure to happen under a Duterte presidency. the only question now is how bad will the decline be? it can range from a market collapse to something like going back to the low levels during the Arroyo admin.
i know a lot of stock market investors who have started to sell their holding since a month ago in anticipation of a Duterte win in the elections.
i hope it does not happen but it does not look that way.