Philippines gets its Investment grade.

                            

                          Make that bull running :))

I'm doing this post unrelated to my blog, because as a student of Finance here in Philippines. I must share the beautiful news just pop up in my news feed. Philippines have reached his first ever Investment Grade. Isn't it beautiful? Fitch gaves the recent rating a BB+ from BBB-. It means that Philippines can handle his foreign debts now, and the economy is getting better. What's good about this rating for my country? The interest on borrowing foreign funds will be lower. So, the interest that we should pay for our credit can be used to other more productive projects. Isn't that great? I'm sorry for being enthusiastic about this, I just can't help it.
If I only have money to invest right now, in Stock market I'm sure all stocks there, will gone bullish. I hope this going to be stable for long years, but I know all bullish market will go down when time comes.