Bloomberg TV Philippines throws a good question to the Head of Portfolio Advisory for Asia Pacific. It's a good learning, a lesson despite the political noise.
"Generally speaking, in the last 12 months some really good buying opportunities."
But how do you cut through the political noise?
Answered Peter Ryan-Kane, Head of Portfolio Advisory for Asia Pacific.
To some extent, I think it's a question of time horizon. I mean, politics has always created volatility. I suppose it's always created some uncertainty. Anybody who says this future period is certain, hasn't lived through other periods. So, whether it's Trump, whether it's Duterte, theses are natural parts of people making democratic choices about how they are represented.
The underlying economic pulse of a country, is not determined by its leadership.
The underlying economic policy of any country is determined by its trade relationships, by its competitive advantages. They are long-term. So, a country that has a natural competitive advantage will survive regardless of its leadership.
How to consider these
Is it a buying opportunity or is it time to take
I think generally speaking, in the last 12 months some really good buying opportunities.
So, the market's come off quite a bit. The underlying companies are still doing quite well. So, it's probably more a buying opportunity than anything else.
Source:
https://www.facebook.com/BloombergTVPh
Learning from the experts.
Peter Ryan-Kane, Head of Portfolio Advisory for Asia Pacific said it will. The following are the lessons I got from this interview.
"The underlying economic pulse of a country, is not determined by its leadership."
"The underlying economic policy of any country is determined by its trade relationships, by its competitive advantages. They are long-term."
From this information and learning, I am now at peace with what's going on with the Philippine economy and its leadership.
Thank you, Peter Ryan-Kane.
You are amazing!
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