Sandra Araullo on ANC (November 11, 2024)

From ANC 24/7: "We got 3rd quarter GDP numbers last week. The headline number may have exacerbated the stock market route (in reaction to the US presidential election results). It showed the PH economy slowing down to 5.2% year-on-year in the 3rd quarter (from a revised 6.4% in 2Q34), below the consensus projection of 5.7%. But as we look under the hood, we recognize that despite the export-driven slowdown, household consumption and investment-related components are quite resilient. This is despite the pressure from higher costs and the central bank's tight policy. That is offering us some glimpse of hope on that front." - Sandra Araullo, ATRAM’s Chief Investment Officer While challenges persist, resilient sectors offer opportunities. Explore our investment strategies to plan for the future at www.atram.com.ph! Source: https://www.youtube.com/watch?v=WP3E2zAMvkE