Activist and tour guide Carlos Celdran drew flaks on social media after blaming President Rodrigo Duterte’s campaign on illegal drugs on the fall of Philippine Stock Market.
On his status on Facebook, he said:
The Philippine Stock Market is crashing simply because the rest of the world knows that a drug war is a bad investment. Much less that is one run by Rodrigo Duterte and Bato Dela Rosa.
Right away, the 2014 Real Estate Broker topnotcher Joseph Brian Noynay corrected his views and said:
It is not a stock Market Crash, and market corrections like that are normal.He then advised Celdran to message him to understand the stock market.
A Financial page in Facebook even used Celdran’s post to encourage netizens to gain a financial education.
On iInvest Philippines post, it said:
Financial Education is badly needed nowadays. Tourist guides shouldn't be Financial Analysts. A lot of factors affect the movement of Stock Prices, not just Political Factors. Foreign Selling is evident now but this correction is expected. Never use your Influence to create Panic as it does nothing good.READ ALSO: Disappointed Lawyer Lambasts ‘Biased’ Media For Shaming Duterte, This Will Make You Angry!