The week ahead

Today is the 105th day of FY25. We’re only about 16% of the way through Q2, but we’re already halfway done with April (already). The PSEi is back to around where it was before all of the US insanity began to drag us (and the world economy) into the dumps, but the situation isn’t any less volatile. 

> PH:  The MWIDE prefs listed yesterday and have already appreciated slightly in value. Today is the annual reporting deadline for PSE companies that have a regular/normal fiscal year-end date (December 31), and that’s about it as we slide into the non-trading days on Thursday and Friday for Holy Week.

> International:  There are no specific dates to watch.

MB bottom-line: The chaos radiating from the US is impossible to ignore. There’s no schedule, only uncertainty, and the unease that comes from needing to consume a firehose of news and tweets just to make sense of what the gameplan could be or how markets might react to whatever massive changes are being made. It feels crazy that we’re already on the “back 9” of April, but it also (emotionally) feels like March 46th. Like we’re stuck in an Endless March.

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