Who's In, Who's Out
From a non-lawyer's perspective, the expulsion of the Chief Justice (CJ) of the Supreme Court may be among the outcomes of regime change instituted...
107 Views
As Dollar Rebounds, EM and Europe Consensus Narrative Shaken
Overweight EM debt and the euro were two of the most consensus trades coming into the year, and I’ve been bearish - both are unravelling fast as...
124 Views
Rate Hike Confirms Hawkish Guidance
Executive Summary: With its policy rate hiked by 25bp (now at 3.25%), the Monetary Board (MB) of the Bangko Sentral ng PIlipinas (BSP) backed up...
109 Views
Returning to Robust GDP Growth
Executive Summary: Non-consumption sources provided the lift to 1Q18 GDP growth. While HH consumption was subdued amid rising inflation and TRAIN’s...
104 Views
Bring on the Hike
Executive Summary: Softening annualized inflation rates in April argue for an unchanged policy rate, which remains my view. But in the coming...
94 Views