#ParaSaEkonomiya : Philippine Finance Social Media Roundup

Social media is in everything this days, even in finance and investments. Unfortunately, finance related stuff doesn’t really trend in social media; at least here in the Philippines. The hashtag #ParaSaEkonomiya (For the Economy) is often used these days, but most of the posts don’t really relate to the economy. Sadly that hashatag has become a punchline.

Beginning with this post, Finance MD will regularly feature social media posts related to Philippine finance and investments. #ParaSaEkonomiya indeed.

 

Balikbayan boxes Change.org petition - Confirmed Victory
Confirmed Victory! – Change.org petition to stop new Customs rules on Balikbayan boxes. Screengrab from change.org.

First up is the petition against the new Bureau of Customs rules on “Balikbayan” boxes. Why are a lot of people opposed to these new rules?

Continue reading #ParaSaEkonomiya : Philippine Finance Social Media Roundup

Are We “Bear” Yet?: The Assets That Have Entered the Bear Market in 2015

The markets are not doing good right now. The Philippine Stock Exchanged (PSE) just experienced “Bloody Monday” on August 24 (news here). A down market doesn’t necessarily mean that it is already in a bear phase. Unfortunately, there are investments that have already entered bear territory in 2015,

 

Bull and Bear Statues near Frankfurt Stock Exchange
The bear seems to be winning in 2015. Bull and Bear Statues near Frankfurt Sock Exchange. Image by EvaK from wikipedia.org

 

What does “Bear Market” mean anyway?

Continue reading Are We “Bear” Yet?: The Assets That Have Entered the Bear Market in 2015

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

The Blues on the First Workday After a Long Holiday

We are all familiar with the Monday blues. But there is something much worse than Mondays — It is the first workday after a long holiday. What makes this day specially bad?

  • There’s a lot of work to do – because tasks didn’t just miraculously accomplish themselves during the holidays.
  • Long lines in banks and government offices. It’s permit and licensing season in the Philippines as well, so expect mayhem in queues everywhere.
  • A lot more shoulda woulda coulda from people who just slept through the break and didn’t make any plans
  • For those who actually made plans, a hoilday mood that will take longer to shift to work mood.
  • Specifically for the Papal visit, a lot of people got drenched in the rain during the record breaking mass. They may be ill now. Those who are not ill will have more work to do, since the ill ones will call in sick.
  • Specifically for the Papal visit, a lot of people were on their best behavior while the Pope was here. Your co-worker may suddenly unleash the nasty side that he’s been suppressing all week long.

 

What about the markets? Do they do well after a long break or did they also get the blues? — or since this is finance related — the reds? Continue reading The Blues on the First Workday After a Long Holiday