November Reign: IA Flash News

November Reign: IA Flash News November’s MBMG IA monthly outlook is bursting at the seams with a review of how our concerns about October largely came to pass and whether this has given rise to any indications of asset mispricing or flawed economic assumptions. We ask the question whether the Indian Summer is over for…

MBMG at the forefront of Digital paperless Accounting

MBMG at the forefront of Digital paperless Accounting Janjira Sumanus, CEO, commented that her Hua Hin firm has come a long way over the past three years: – “I came into work during the filing periods and work tops were covered in files, ledgers and tax submission documents but today our office is so much tidier…

🎁What is the gift that, Christmas 2020 is giving to all investors⁉️ Let’s find out the answer in #MBMG December Outlook

🎁What is the gift that, Christmas 2020 is giving to all investors⁉️ Let’s find out the answer in #MBMG December Outlook ✴️Key Highlights from #CNBC TV   by Paul Gambles Co-Founder of MBMG Group In our December monthly outlook for our clients, we quoted The Pogues’ Fairy Tale of New York ⭐️ because we seem to…

Who are the DAMN?: IA Flash News

Who are the DAMN?: IA Flash News Who are the DAMN? We’re wondering whether it’s time for the ‘FANGs’ to jettison their recent underperformers (Facebook & Alphabet) and replace them with Domino’s (DPZ) & Microsoft (MSFT)– admittedly, FANGs would have to be renamed DAMN stocks but if the cap fits…. Too DAMN hot? “DPZ –…

Personal Income Tax Relief on spending in Thailand for up to THB 30,000

Personal Income Tax Relief on spending in Thailand for up to THB 30,000 The Thai government announced last week that individual taxpayers can claim personal income tax relief on purchases of eligible goods and services up to an aggregate amount of THB 30,000 per taxpayer between 23rd October and 31st December 2020.  Shopping needs to…

Pizza Topping

Pizza Topping The last few days have been tumultuous for FANGs (as we feared if their COVID-advantages dissipated). How has that worked out for Domino’s? The chart above shows the last 5 trading days. In the MBMG Flash last month ‘Too Damn Hot’ we wondered whether it was time for the so-called FANG stocks to…

The K-Shaped Disconnected Recovery

The K-Shaped Disconnected Recovery Government Stimulus has fuelled markets but failed to impact the real economy A lot of people seem to have a real problem with the fact that the markets are doing so much better than the broad economy (i.e. markets turned up while economic numbers turned down). This is now being described…

Electile Dysfunction

Electile Dysfunction Back at the start of the year, we imagined that at some point last year’s fiscal monetary stimuli would run out this would trigger a correction (it did in February) and this would cause a monetary policy response, rate cuts to zero and possibly beyond and when this failed, we’d get an additional…

Tech Bubble? Tech Babble? Tech Wobble?

Tech Bubble? Tech Babble? Tech Wobble? Tech Bubble? As I told CNBC’s Geoff Cutmore* on 1st September, I’d started worrying in August that maybe the liquidity stimulus was starting to get a bit thin…. across asset classes – but then this occurred – *https://www.cnbc.com/video/2020/09/01/an-expensive-market-is-telling-us-to-be-overweight-cash-mbmg.html  How could that happen if liquidity was starting to get a bit…

Super Saving Fund Extra (SSFX) – Available only until 30th June 2020!

Super Saving Fund Extra (SSFX) – Available only until 30th June 2020! The Thai government last month launched a special one-time mutual fund to help support the Thai SET Index but it is only available until the 30th June 2020. You can invest up to THB 200,000 in this fund for extra personal income tax…