There’s Always Tomorrow
There’s always tomorrow
For dreams to come true
Including a rebound in Asia
But devaluation
Is raising its head in
Korea, Thailand and Malaysia
We all pretend the baht will rise again
The won can be our friend,
We pray so.
But, too bad, the rupiah, ringgit and yen
Could not support Philippine’s peso
The renminbi has some stability
But its exchangeability is for spit.
And emerging market based mutual funds
Have year-end returns that are “bad.”