MY THREE-YEAR-OLD niece, Cyarah knows what she wants in life when she grows up. She plans to be a prolific doctor. And for sure, she will be.
Imagine then some three year old hitting you with your brother’s pencil box on your face while you were sleeping. Her reason was justifiable or at least acceptable. She was treating you, thinking that you were sick. Suddenly, your face becomes red and she hits you again. This time it’s on your knees.
When you complain, nobody seems to listen. I am after all her 20-year-old uncle. And, everybody expects me to understand. Yeah, for real. That is what they usually say. Even if an annoying brother would join the cabal and celebrate when he sees you totally devastated.
However, there is some positive side about it. At an early age, she already knows where she is heading. Quite admirable, considering that even some 20 year olds do not know where they are going. Here, my three-year-old niece doing her trial and error thing on me.
Sounds fun. Mind you, these are the things you won’t learn in Medical School.
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I MISSED BANGKO SENTRAL’s inflation rate forecast for August by 0.1 percent. But still, my forecast is still in line with the Central Bank’s target.
I was somewhat surprised that this did not prompt the Bank to increase its lending and borrowing rate, which is at 6.67 and 9 percent respectively. Of course, it is academic that once you see inflation going up and you cannot sustain the target, you either increase the rates or summon the other monetary measures. Yet, the Central Bank remained firm with its decision.
This is understandable. Increasing the rates to a point higher will dampen the economy and can worsen the scenario. Okay then, just blame it to the agricultural sector. Blame it to the oil prices. Blame it to the floods and a rainy season. Ah yes, they provoked inflation.
Maybe, when the inflation target exceeds beyond 5.5, then that is the only time when the Bank will be forced to seek for monetary measures. As I see it, it will not happen. The oil will probably soon stabilize and there will be legislative procedures to deal with a ballooning debt.
Let us see. It ain’t over until the Fat Lady sings.
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IT LOOKS LIKE that Citra Manila Citra Metro Manila Tollways Corporation will have a major overhauling. Just in time when Manny Pangilinan takes a kapitan seat on the board of directors. I have read somewhere that the plan of restructuring consists of recruiting a new CFO, attract new investors and more importantly, rebuild the company.
Could this be a “BUY” signal? Maybe. I’m just wondering now why I could not find a ticker for that corporation. Yeah, I’m sleepy right now and maybe, I overlooked.
Banco de Oro has yet to finalize its decision for a possible takeover bid in Equitable PCI bank and this will de-pump enthusiasm among the investors. So probably that’s one of the reason why the share price is not moving up. I guess a “BUY” signal is more appropriate at this phase. Within the next three weeks or so, the share will move up only if the marriage of two banks is clearly evident.
So for now, let the technical analysts tell me what is the trend. After all, I am a newbie when it comes to reading charts and trends. And nobody ever taught me about fiboccuni chart? Uh. Did I spell it right?
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