Duterte and the Philippine Stock Market

I am one of those people who are waiting with bated breath as to how the stock market will react in a Duterte presidency. Kaya if he wins (as the surveys show), the first 6 months are so important because it will either lead to an inflow or outflow of foreign money.

I experienced kasi how strong the impact is when foreign money comes in. Parang fiesta lang ang peg! You are lucky if you bought before the prices became so high. Yun lang, when they pull out naman, tidal wave din ang mangyayari, pabaligtad.

I hope Duterte chooses well-respected finance people and economists in his Cabinet para di magpanic ang mga fund managers, especially those who are handing Philippine accounts (and there are many in HK).

Someone whose credibility is so big in the Asian finance community that no matter what Duterte says, he or she can deflect or spin the words easily.