Showing 1 - 6 of 6
Cloudy global skies, sunshine for the Thai economy
Business, Piyasak Manason, Published on 27/09/2023
» In the fourth quarter of 2023, InnovestX Securities expects the global economy to slow down significantly, with three main themes:
The end of The Great Moderation
Business, Piyasak Manason, Published on 28/07/2022
» It could be said that the era of economic normalcy is over. For about two decades before the 2008-09 global financial crisis, we witnessed what economists came to call "The Great Moderation" -- an era of moderate economic growth, low inflation, low interest rates and improved fiscal discipline. The US dollar was relatively weak while other currencies such as the yen, euro, yuan and even the baht appreciated.
Three headwinds for the global economy
Business, Piyasak Manason, Published on 23/10/2021
» In the past few months or so, several headwinds have emerged in the world economic arena. We have seen a sharp increase in commodity prices, including natural gas, crude oil, and coal, which has reached US$240 a tonne from about $70 last year. The result has been an electricity generation deficit in the biggest emerging economies such as China and India.
Light at the end of the tunnel could be a train
Business, Piyasak Manason, Published on 28/11/2020
» After nearly a year of unexpected global economic and investment derailment, we are beginning to see a glimpse of hope from a new and stable US president and the approaching availability of one or more vaccines that will put an end to the pandemic.
2021: No clear path out of the abyss
Business, Piyasak Manason, Published on 24/10/2020
» As 2020 starts drawing to a close, it is constructive to look towards the year ahead. Given how miserable and uncertain 2020 has been, it is only natural that many of us will be looking forward to a brighter New Year.
Is this the turning point?
Business, Piyasak Manason, Published on 25/07/2020
» In our last column we warned about the great uncertainties surrounding the divergence of the economic and investment worlds, and how they may converge due to the rise of those uncertainties. It is possible that we may begin to see a turning point this month.