Of Reggie and coincidence

Renzied developments in the political arena—the reshuffle and then the denial—have been driving me, and I believe the market as well, nuts, as reflected by the rollercoaster trading in the foreign exchange (forex) and equities.

- FIL C. SIONIL

And this has been the situation since the President, with all conviction, uttered in his fourth State of the Nation Address (SONA), “Mahiya naman kayo sa mga kabahayan nating naanod o nalubog sa baha!”

’twas his first salvo on the anomalous flood control projects.

From there on, there was no stopping the revelations and exposés of high-profile personalities allegedly involved in the mess, which has sent the peso taking heavy beatings against the United States (US) dollar and pushed the stock market into a tailspin.

I must admit, it’s kinda difficult to read the whole situation, which could be likened to a Korean telenovela, as most of us keen watchers or observers are desirous to know the names of those who are involved—the list of which is becoming longer.

“The year has been quite eventful to say the least,” articulated Reginaldo Anthony “Reggie” Cariaso, president and chief executive officer (CEO) of Rizal Commercial Banking Corp. (RCBC).