[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fbalkSd77s6azoyDHOieauWe4v2akrfLiyHDt8jw5aZA":3,"$fxMXJ-ixrYWUX2PwC7qs_5b8PnysE0hh7uY7YpJXaEIA":12},{"author":4,"tags":11},{"author_id":5,"author_name":6,"author_name_first_letter":7,"article_count":8,"bio":9,"short_bio":9,"slug":10,"image_url":9},177975,"Jonathan Ravelas","J",22,null,"jonathan-ravelas",[],{"quotes":13,"pagination":127},[14,27,38,49,60,71,82,94,105,116],{"id":15,"quote_text":16,"author_id":5,"source_id":17,"has_image":18,"author":19,"source":20,"quote_tag":21,"commentary":9},2329319,"The market is reacting to ongoing concerns of a threat to oust the president.",4,false,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[22],{"id":23,"tag":24},5311767,{"id":25,"tag_name":26},3950,"concerns",{"id":28,"quote_text":29,"author_id":5,"source_id":17,"has_image":18,"author":30,"source":31,"quote_tag":32,"commentary":9},2329314,"The central bank is trying to combat persistent inflationary pressures. This is a signal to the market that interest rates have bottomed out and we should expect more increases.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[33],{"id":34,"tag":35},5311763,{"id":36,"tag_name":37},10745,"bank",{"id":39,"quote_text":40,"author_id":5,"source_id":17,"has_image":18,"author":41,"source":42,"quote_tag":43,"commentary":9},2329311,"The change itself should be positive for the market.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[44],{"id":45,"tag":46},5311759,{"id":47,"tag_name":48},12,"change",{"id":50,"quote_text":51,"author_id":5,"source_id":17,"has_image":18,"author":52,"source":53,"quote_tag":54,"commentary":9},2329307,"The flows are getting bigger. We're sending more workers and we're sending more teachers compared with entertainers. So when they remit, it's bigger.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[55],{"id":56,"tag":57},5311755,{"id":58,"tag_name":59},13015,"compared",{"id":61,"quote_text":62,"author_id":5,"source_id":17,"has_image":18,"author":63,"source":64,"quote_tag":65,"commentary":9},2329303,"The lifting of the state of emergency is a clear signal that the threats against the government have been neutralized more so this would boost financial markets, particularly the peso.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[66],{"id":67,"tag":68},5311751,{"id":69,"tag_name":70},1486,"against",{"id":72,"quote_text":73,"author_id":5,"source_id":17,"has_image":18,"author":74,"source":75,"quote_tag":76,"commentary":9},2329298,"This is good news but we can't say at this point that a recovery is now underway. We want to see first how exports will perform in the next two to three months before we can make any conclusion.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[77],{"id":78,"tag":79},5311747,{"id":80,"tag_name":81},58418,"exports",{"id":83,"quote_text":84,"author_id":5,"source_id":17,"has_image":18,"author":85,"source":86,"quote_tag":87,"commentary":93},2329294,"The strong remittances and additional government spending this year should help mitigate the adverse impact of additional taxes and high oil prices on consumer spending.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[88],{"id":89,"tag":90},5311743,{"id":91,"tag_name":92},139186,"additional","**The Backstory**\nThis quote is likely from Jonathan Ravelas, a well-known economist, and the chief market strategist at BDO Unibank. The statement was probably made during a time of economic uncertainty, possibly in the early 2020s, when the Philippines was grappling with high inflation rates and the impact of the COVID-19 pandemic on the economy. As a seasoned economist, Ravelas was likely analyzing the complex interplay between government policies, oil prices, and consumer spending.\n\n**The Hidden Insight**\nBeneath the surface, this quote reveals a nuanced understanding of the human experience. Ravelas acknowledges that even in the face of adversity, there are moments of strength and resilience. However, he also highlights the paradox that our capacity to cope with difficulties can sometimes be undermined by our own actions, such as increased taxes and high oil prices, which can erode our financial stability and, subsequently, our ability to spend.\n\n**How to Use This**\nIn today's fast-paced business environment, this insight can be applied by recognizing that our greatest strengths can sometimes become our greatest weaknesses. As professionals and creatives, we must be aware of the potential consequences of our own actions and policies, and strive to find a balance between driving growth and maintaining stability. By acknowledging this paradox, we can develop more effective strategies to mitigate risks and capitalize on opportunities, ultimately leading to more sustainable success.",{"id":95,"quote_text":96,"author_id":5,"source_id":17,"has_image":18,"author":97,"source":98,"quote_tag":99,"commentary":9},2329290,"The risk to the administration seems to be dissipating ... we will probably see a more stable market next week.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[100],{"id":101,"tag":102},5311740,{"id":103,"tag_name":104},916,"market",{"id":106,"quote_text":107,"author_id":5,"source_id":17,"has_image":18,"author":108,"source":109,"quote_tag":110,"commentary":9},2329288,"We could still probably go to 150-170 (basis points on the Philippine five-year CDS). People are going to be waiting for the first-quarter tax numbers before taking it to those levels.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[111],{"id":112,"tag":113},5311735,{"id":114,"tag_name":115},9741,"numbers",{"id":117,"quote_text":118,"author_id":5,"source_id":17,"has_image":18,"author":119,"source":120,"quote_tag":121,"commentary":9},2329283,"There could be a quarter-point increase every quarter to (a total of) one percentage point for the full year.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[122],{"id":123,"tag":124},5311730,{"id":125,"tag_name":126},4207,"full",{"currentPage":128,"totalPages":129,"totalItems":8,"itemsPerPage":130},1,3,10]