Thanking Business Mirror’s John Mangun

I was surprised by the gush of traffic to this blog from the website of the leading local business daily, the Business Mirror. 

And I found out that the prolific business columnist John Mangun had quoted me.

Here is a snippet:

One of the sharpest macroeconomic analysts I know is Benson Te, who writes at prudentinvestornewsletters.blogspot.com. This Maundy Thursday morning, he wrote that the rating upgrade “only reveals the deepening of the manic phase of Philippine asset bubbles.” He argues that the recent stock-market rise should have been factored into the prices. Instead, the market explodes on the news and ignored the common “buy the rumor, sell the news” idea.

Thank you very much for your compliment and endorsement, John.