Thread by @ANCALERTS

NOW on ANC: Get the real stories with @michelle_d_ong in this episode of #MarketEdge.

@michelle_d_ong UA&P Economist Victor Abola: PH inflation not seen to further accelerate. #MarketEdge

@michelle_d_ong #MarketEdge Abola: Bangko Sentral has to cut policy rates by 25 bps soon.

@michelle_d_ong #MarketEdge Abola: Pork prices up due to ASF; this can be addressed by importing more. What's needed is boosting vegetable production & more movement of these goods; rice is relatively stable | via @michelle_d_ong

@michelle_d_ong #MarketEdge Abola: Only big driver to inflation now is crude oil, but that's also started to stabilize. I think we've seen the peak of inflation already; no more acceleration this year. We also expect high base effect from last year to kick in | via @michelle_d_ong

@michelle_d_ong #MarketEdge Abola: Demand is already weak, inflation pressure coming from supply side; we've been so restrictive with GCQ. World Bank has said city- and municipality-wide lockdown are inefficient and costly in economic and human terms | via @michelle_d_ong

@michelle_d_ong #MarketEdge Abola: Gov't continues to use shotgun approach - GCQ, impeding movement of goods and people; we should limit restrictions to barangays or blocks | via @michelle_d_ong

@michelle_d_ong Royce Aguilar, First Metro Securities: Long term investors should invest in 'reopening winners' like property stocks that have lagged behind last year; Gamestop mania in US may dampen sentiment on short-selling in PH, but good that PSE plans to begin with liquid/ index names

@michelle_d_ong Rizal Provincial Board Member Emigdio Tanjuatco III: Reapportionment, redistricting will create 2 new districts - San Mateo and Montalban; these will have their own representatives who can lobby for additional budget that can create more economic opportunities (infra, etc)

@michelle_d_ong #MarketEdge Tanjuatco: Instead of 9 towns, 2nd district rep can now focus on needs of 7 towns -- mostly agricultural, don't worry - these wont be left behind by San Mateo, Montalban which are more urbanized, leaning towards IT-BPO | via @michelle_d_ong

@michelle_d_ong #MarketEdge Aguilar likes this stock which is poised to be a ‘reopening winner’, with exposure to luxury sector, to benefit from the CREATE bill; has been lagging in earnings - to see high upside due to low base, target price is P52 | via @michelle_d_ong