• Monthly Archives

    September 2018

    interest news

    An update on interest rates and corporate action

    By | Economy

    Consumer inflation surprised to the downside in August, resulting in no interest rate hike by the SA Reserve Bank in September. The consumer price index (CPI) increased by 4,9% in August, lower than the previous month’s 5,1% and the expected rise of 5,2%. The rand firmed on this news, strengthening to R14,41 to the dollar from R14,8917. Read More

    burned down

    Is there no end in sight?

    By | Economy

    After celebrating the removal of Zuma as president, we are now struggling through an awfully long and dark night. At time of writing our currency is trading at a 2-year low of R15,34 to the dollar (after touching R15,70); we are in a recession; the equity market is down; the property market is down; the petrol price is sky-high; we are expecting inflation to start creeping up; Read More

    ferrari

    Buy a Ferrari?

    By | Investments, Latest news

    If you have owned a Ferrari for the past decade, there is a good chance that its increase in value has outperformed even the S&P500. And that in spite of the fact that the S&P500 has been trading at record highs. Read More