Jose Vistan
Jose Vistan
caused difficult doubtful energy environment rising
doubtful because of the difficult environment caused by rising energy prices.
bright good news
On the bright side, it's a good dividend play. It's good news for PLDT shareholders.
continuing division market mean party political staying
The party division being addressed is a market positive, but Arroyo staying on will mean continuing political tension.
good level market reach
We will have a very good first quarter. The market may reach the 2400 level during the period.
achieved duplicate government growth happy meet percent
The government won't be able to meet its 5.3 percent growth target. We would be happy if we could duplicate what we have achieved in the first half.
cautious foreign including investors neutral
Foreign institutional investors are, I think, cautious to neutral on equities, including those in the Philippines.
thorn
It's like a thorn has been removed from the market.
address cut dependent government less move popular problem sources underlying
It's a popular move to suspend or cut taxes, but it's not wise. The government should address the underlying problem instead, look for alternative sources of power, be less dependent on oil.
merely problems
It merely compounded the problems that have been hounding the country,
dressing followed gain tend window
A single-day gain from window dressing would tend to be followed by a day or two of readjustment.
cue government market medium took
So when the government was able to withstand the threat, the market took that as a cue that perhaps, at least in the medium term, there won't be another threat.
decline difference fact main market normally seems today
Normally the decline should have been much more, but the market seems to be holding. The main difference between then and now is the fact that market fundamentals today are way, way better than before.
cash coming investors results start
Investors may start to cash in once first-quarter results start coming out.
contrary ended investors labor relieved
Investors were relieved that contrary to expectations, Labor Day ended without any violence.