JSE All Share (ALSI) Performance Is Being Driven by a Handful of Shares
ALSI performance driven by a handful of shares.
Stripping out Naspers, British American Tobacco and SAB/Anheuser tells a different story. (click on the graph to enlarge)
Source: Coronation Fund Managers
Hurry up and Wait!
(An argument for sitting tight when the news is bad…)
While it is true that no one has a crystal ball for financial markets, there is some interesting research available that shows what has happened in the past during difficult times. Arguably, this research illustrates the point that often, the smartest thing to do is to wait! (click on the graph to enlarge)
Why stay invested?
Political Events Do Not Drive Long Term Returns
With the Gupta-leaks revelations sending confidence to new lows and the battle within the ANC before the December conference continuing to dominate headlines, it is easy to imagine that political events ultimately drive stock market returns, however, the graphs below show that it is not political events but ultimately earnings that drive long term returns. (click on the graph to enlarge)
A Look Back at the Second Quarter 2017
A combination of volatile politics and stagnant economic data made for a difficult period in the local context. Globally, there are signs of improvement on the macro economic front.
For local investors, the key is to not let the bad news overwhelm you – there are certainly upsides if you can stick to your guns and hold on to your investment strategy!
An EMERGING MARKET CURRENCIES Outlook – In Brief
Amidst ongoing political and economic flux, investors are asking important questions as to the future of the Rand (and other emerging market currencies)…
In general, emerging market currencies, including the Rand, continue to be supported by the global search for better returns. However, SA risks are rising.