Andrew Stotz on Bloomberg: Thai Protests Adds Further to Uncertainty in Weak Economy
Andrew appeared on Bloomberg Markets yesterday discussing the ongoing protests in Thailand, and the potential impact on the currently weak Thai economy. You can see the full interview from Bloomberg and a few key points below.
A few key points
- Political chaos to push foreigners further away from Thai stocks
- Foreigners have already pulled over US$9bn from domestic equities in 2020
- Protest adds further to uncertainty in weak Thai Economy
- Thai rates likely to stay low
- Thai staples should remain resilient
- Packaging should benefit from growing consumer spending
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