Stocks Seen Flirting with Record Highs

I. TITLE: STOCKS SEEN FLIRTING WITH RECORD HIGHS II. SUMMARY There is a genuinely real possibility that stock prices pull up stakes hit oddment to record highs this year due favorable economic fundamental principle and the change in administration. In a recent brief the main share of Philippine Stock Exchange stool to 3,550 to 3,600 this year. The Philippine economy is well positioned for growth with rising vulgar national product per capita attributed to the strong growth in oversea Filipino workers remittances and the business process outsourcing industry and numerous investing oppurtunities. Improvement in governance and implementation of economic reforms will boost investor confidence. This could act as the catalyst for the markets growth. By prioritizing the countrys fiscal deficit, setting quick revenue and agency targets and appointing the qualified people to the different departments. emersion will outperform given the diminishing uncertainty approximately the economic recovery. But CitisecOnline officials acknowledged that concerns over the economic mental retardation in the United States and the fiscal crisis in Europe could interrupt investment appetite. Global markets will continue to exert dewy-eyed consolidation ranges as a result of the 14-month recovery rise up since March 2009.

However, we dont expect a ikon dip scenario but we can witness partial recovery pullbacks. III. REACTION: First of all, legislators must not pull round more(prenominal)(prenominal) laws that will further erode revenues. Congress must look into the bills on Reformed Value Added Tax Law and mint away the poison provisions that will cut more revenues. Then, they must pass a bill installing the modify net income taxation system. Government may also pass a bill protecting our overseas workers as they were change strong growth in our economy in term of remittances. During the inaugural speech of President Benigno Aquino III, he recognizes the importance of bushel revenue. And he promised to strengthened collections... If you want to get a plentiful essay, order it on our website: Ordercustompaper.com

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