![](https://i.imgur.com/CLvY2jA.png")
27-07-2024, 03:41 PM
What do you think of Thailand stock market....probably not very interesting vs US markets.
Look at the chart below. The dark line is Thai index and the lighter one S&P500.
The Thai market has many periods of outperformances very S&P500.
Only last 3 yrs it performed badly due to the politics and interest rate hikes.
![[Image: AupyHQ6.jpeg]](https://i.imgur.com/AupyHQ6.jpeg)
What does this tell you?
Recently many pundits like Mr Loo and Adam Khoo promote US stocks and cheer US stock. They may be unaware that the good performance of US market is a recent even of last 5-6yrs. Historically there is nothing special about US market it is a mature economy and there are many markets that are starting at lower bases that have domestic companies that can grow more easily.
This is my finding after looking at longer periods and markets across the world
Look at the chart below. The dark line is Thai index and the lighter one S&P500.
The Thai market has many periods of outperformances very S&P500.
Only last 3 yrs it performed badly due to the politics and interest rate hikes.
What does this tell you?
Recently many pundits like Mr Loo and Adam Khoo promote US stocks and cheer US stock. They may be unaware that the good performance of US market is a recent even of last 5-6yrs. Historically there is nothing special about US market it is a mature economy and there are many markets that are starting at lower bases that have domestic companies that can grow more easily.
This is my finding after looking at longer periods and markets across the world
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
