Reality Bites: COL Financial Downgrades 2015 Yearend PSEi Forecast

COL Financial, the Philippines most popular stock brokerage firm, has just downgraded its 2015 yearend forecast for the Philippine Stock Exchange Index (PSEi) to 7,950 from the 8,300 it predicted in January.

COL Financial downgrades 2015 yearend forecast
Sorry! COL Financial downgrades 2015 yearend forecast. Image from COL Financial Facebook page (see here)

 

Someone very important made an even bolder PSEi prediction — will he downgrade it as well?

Continue reading Reality Bites: COL Financial Downgrades 2015 Yearend PSEi Forecast

To Celebrate EDSA 2015, Philippine Government “Recreates” Traffic Jam Scene from World War Z

Today is the 29th Anniversary of the People’s Power Revolution (also known as EDSA I locally, there are EDSA II and III revolutions as well) in the Philippines. The government decided to close a significant and centrally located part of EDSA (it is the main and busiest thoroughfare in Metro Manila) to celebrate the anniversary. Being a regular weekday, many people going to work were stuck in traffic for hours. The pile up of cars became similar to the traffic jam scene in World War Z ¬†or that in The Dark Knight, whichever was worse.

EDSA Traffic during the 2015 People Power Celebrations
Are these people fleeing from a Zombie apocalypse, or residents escaping from Gotham after the Joker threatened to blow up the city? Sadly. It’s the effect of someone closing EDSA. Image from @hvacajilog at Instagram

 

To celebrate the anniversary of the EDSA I revolution, somebody had the bright idea of closing up a significant stretch of EDSA – on a busy workday! Continue reading To Celebrate EDSA 2015, Philippine Government “Recreates” Traffic Jam Scene from World War Z