Did you ever ask why graduation programs are also called commencement exercises. I guess it reflects the dual nature of the event. On one side it is the end of something while at the same time the beginning or the commencement of a new chapter in a student's life. Today would also mark the graduation of the Philippines' credit rating into investment grade. This was affirmed by Fitch Ratings. I guess more foreign money would find its way into the country and contribute to economic growth. Hopefully, for investors like us, this would also translate into good returns from our investments in the country. Happy investing!