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Thai stock market outlook is clouded for 2005.
Byline: Krissana Parnsoonthorn
Sep. 3--Investors should be cautious when investing in equities next year due to the high probability of a global economic slowdown and a decline in corporate profits, which will in turn lead to weaker investment spending, according to the global fund manager Wellington Management Co.
Edward Bang, a fund manager at Wellington, said equity markets around the world would face uncertainty next year due to many negative factors such as the global economic slowdown, rising interest rates and a temporary increase in inflation due to higher oil prices.
The "tighter money" situation will be seen around the globe as the ...
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