Thailand's woes aren't over

Thailand's stockmarket has been at bargain-basement levels for well over a decade now. But it's cheap for a reason: Thailand has serious problems with no lasting solutions in sight, as recent events demonstrate. Cris Sholto Heaton looks at the country's plight, and asks whether it has hit the bottom yet.

Bangkok is again in turmoil. As you may have seen over the weekend, at least 21 people have been reported dead in clashes between political protestors and the security forces.

This is a shocking tragedy for Thailand. I know a number of MoneyWeek Asia readers are based in Bangkok, so I hope none of you have been harmed in the violence.

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Cris Sholto Heaton

Cris Sholto Heaton is an investment analyst and writer who has been contributing to MoneyWeek since 2006 and was managing editor of the magazine between 2016 and 2018. He is especially interested in international investing, believing many investors still focus too much on their home markets and that it pays to take advantage of all the opportunities the world offers. He often writes about Asian equities, international income and global asset allocation.

Cris began his career in financial services consultancy at PwC and Lane Clark & Peacock, before an abrupt change of direction into oil, gas and energy at Petroleum Economist and Platts and subsequently into investment research and writing. In addition to his articles for MoneyWeek, he also works with a number of asset managers, consultancies and financial information providers.

He holds the Chartered Financial Analyst designation and the Investment Management Certificate, as well as degrees in finance and mathematics. He has also studied acting, film-making and photography, and strongly suspects that an awareness of what makes a compelling story is just as important for understanding markets as any amount of qualifications.