World's Worst Stock Market Is Not Cheap Enough to Buy

The stock market has faced numerous challenges this year, including a global sell-off, trade war concerns, and inflation issues, leading to a 17% slump in the benchmark index. Despite the drop, investors remain cautious, waiting for more economic data, particularly on inflation. Valuations are below historical means, but growth prospects are weak, and inflation data is awaited. Investors expect the market to drop further before considering re-entry.

What were some of the factors that contributed to the stock market's decline this year?

• A global sell-off and trade war concerns

• A strong peso and low inflation

• Decreasing oil prices and stable inflation

• High investor confidence and economic growth

Why are investors hesitant to buy stocks despite the market's 17% decline?

• They are waiting for more economic data, especially on inflation.

• They believe the market will rise soon.

• They have already invested heavily.

• They are confident in the current market stability.

What economic factor is causing investors to remain on the sidelines?

• High oil prices affecting inflation

• Low interest rates

• Strong economic growth

• Stable currency values

What did Philippine officials indicate about the country's growth target for 2018?

• It will be revised upwards.

• It is unlikely to be met.

• It will remain unchanged.

• It will be exceeded.

At what index level are fund managers considering re-entering the stock market?

• 6600 to 6900

• 7100 to 7300

• 7500 to 7700

• 8000 to 8200