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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label corporate earnings. Show all posts
Showing posts with label corporate earnings. Show all posts
Sunday, June 01, 2025

Q1 2025 PSEi 30 Performance: Deepening Debt-Driven Gains Amid Slowing Economic Momentum

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  Bulls of 1929 like their 1990s counterparts had their eyes glued on improving profits and stock valuations.  Not a thought was given to th...
Sunday, May 25, 2025

The PSEi 30 in 2024: Debt-Fueled Expansion Amid Fiscal and Monetary Shifts

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  Besides, stock prices are primarily information... they tell investors where their capital can be most fruitfully employed. The importan...
Wednesday, April 02, 2025

How Surging Gold Prices Could Impact the Philippine Mining Industry (3rd of 3 Series)

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  With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issu...
Sunday, December 01, 2024

Debt-Financed Stimulus Forever? The Philippine Government’s Relentless Pursuit of "Upper Middle-Income" Status

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  Deficits are always a spending problem, because receipts are, by nature, cyclical and volatile, while spending becomes untouchable and inc...
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