Thai economic and investment landscape under Trump 2.0The global economy in the first quarter of 2025 will be shaped by three themes: US economic resilience, China's strategic pivot, and escalating economic tensions following Donald Trump's return to the White House. While employment growth has slowed significantly, the Federal Reserve's Beige Book signals a broader economic deceleration. The International Monetary Fund projects increased trade barriers under the Trump administration could slow global economic growth by 0.1 to 0.8 percentage points in 2025, intensifying to 0.2 to 1.2 points in 2026. We like companies that have earnings growth, with domestic consumption increasing, that are backed by economic stimulus and are defensive by nature. On this basis, our top picks for the first quarter of 2025 are ADVANC, AOT, BCH, CPALL and HMPRO.

Source: Bangkok Post November 23, 2024 16:09 UTC