Dear Subscriber,
good day, Speculation of an interest rate hike in the Federal Reserve is believed to be delayed probably due to the disappointing Jobs report released last Friday. with that said there are no current and immediate headwinds to the PSE due to global rippling issues. be vigilant and guarded because economist predicts interest rate will be in March 2018 hence consider this in your investing plan for the future.
For the moment, the PSE is following a general trend of bullishness among the global Market, particularly in the Asian region. As we breach the 8,800 level, the different financial analyst has already released their prediction for the PSE's year 2018.
Predictions:
Regina Capital at 8,888
BDO Nomura at 9,100
First Metro at 9,400
AB Capital at 9,000-9,400
PhilStocks at 10,700-11,000
all around optimism is genuinely delightful event paired with a stable inflation rate last December and a Fitch Credit Rate upgrade.
P.S.
I'm happy that you stayed with us through the years. Your success is our priority . God Bless