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.
Why the Markets Love Trump
In this Moneyweb article Patrick Cairns explores why the financial markets have initially responded well to the Trump presidency and speculates if the rallies are sustainable. Click here to read the article.
Economic Outlook for 2017 – a View
In this 5.39 minute video Kevin Lings, Chief Economist at STANLIB presents their economic outlook for 2017. Click here for the video.
The salient points are:
World growth is expected to improve to 3.5% up from 3.1% (in line with the long term average).
2016 Was an Eventful Year…
The graph below shows the major events in 2016 that influenced the performance of the JSE All Share Index. Click here to view the graph.
Source: Fin24. Samantha Pauwels, Portfolio Manager Cannon Asset Managers.
Taking Stock of the Fourth Quarter, 2016
In South Africa and around the world, this quarter was a financial and political rollercoaster ride…
The SA Reserve Bank left the repo rate unchanged at 7% in November. In total, the SARB has raised interest rates by 200bps since January 2014. Notably, the SARB may be at the peak of its rate hiking cycle. At this stage, rate cuts are not expected in 2017.