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The biggest individual investor who is bullish on bitcoin is Larry Fink of BlackRock Inc., the world's largest asset management co. based in New York.

The brains behind Philequity is Mr. Wilson Sy of Wealth Securities who is a long time veteran of the Phil stock market. MInsan napapisip din ako as to who will take his place once he retires for good just like everybody else since medyo may eded na din sya.

Ingat lang pipol. The PSEI Index just went down below the support level today. Technical indicators are weak while fundamentally the economy is reeling from the persistently stubborn inflation we have been experiencing for many months now. Unless global interest rates begin going down spearheaded by the US Fed and followed by central banks elsewhere around the globe including the BSP, I find it hard to see how the local stock market will be able to regain its former vigor. Dito sa atin, the inflation issue is caused by supply side problems due to weak local agricultural production resulting in high food prices (a big component of our consumer price index or CPI) since majority of the food (and non food items) we consume is imported from abroad and therefore expensive once supply shocks like weather disturbances, climate change and geopolitical instability (i.e. War in Ukraine, the Middle East, etc.) are taken into account. Kaya no amount of interest rate hikes by the BSP will solve our inflation problem with the only solution being to increase our own local production with the active support of the Dept of Agriculture although this is largely a medium to long term solution with no quick fixes or instant miracles for those who are expecting overnight resolutions. Patience and persistence is the key. I recently had a conversation with a top executive of one of the country's biggest banks and he told me two of the main items they are closely monitoring are the prices of rice and sugar (both of which we import in huge volumes) since malakas tayo kumain ng kain at mahilig tayo sa matatamis na bagay. Kaya pag sumipa presyo nun dalawa at tumaas na naman ang inflation babagsak ulit ang stock market kasi inflation and high interest rates have a negative effect on the stock market and business in general.