I am a physician, currently practicing as an Anesthesiologist. My other passions are finance and investments. As of 2013, I have passed all three levels of the Chartered Financial Analyst (CFA) exams, all in my first attempts. I received my Masters of Business Administration degree in 2008. I received my certification as a securities specialist from the Philippine Stock Exchange in 2009.
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.
Someone very important made an even bolder PSEi prediction — will he downgrade it as well?
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.