In search of the bottomInvestors are still wagering on the market bottom, as the coronavirus pandemic has yet to peak. In the US, the Federal Reserve has opened the monetary spigot and a fiscal boost is in the works. Among sectors likely to be moderately affected, we expect decent rebounds along with the SET (in Commerce, Banking, Property, Chemicals and Ground Transport). If the coronavirus pandemic is brought under control soon, the current yield gap will be a good entry point for the market. But with the number of new cases still accelerating globally, we don't have any confidence that infections will peak soon.

Source: Bangkok Post March 20, 2020 22:41 UTC