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.
The Unpredictable Rand
In this Moneyweb article, the case is put for offshore exposure being important for diversification and to protect purchasing power. Click here to read the article.
Will the Real Donald Trump Please Stand Up?
I recently attended an investment conference in London where I heard the well-known author and economist, David McWilliams discuss the global economy. He also shared with us his recent humorous YouTube video featuring President Donald Trump. It’s seven minutes long and it is worth taking the time to look at it. To view the video click here.
