The impact of Sasol’s Secunda reprieve, the soaring performance of PGM miners, China’s economic outlook, WeBuyCars’ upcoming listing, and the debate on inflation targeting
Japan at highs and local ETF up over 40% since January 2023
The Nikkei225 finally made new all-time highs earlier this year, thirty-five years after it’s previous peak. The local Sygnia Itrix ETF is also having a strong run even as a weak Yen takes soem shine off the retu
The looming commodity cliff
Goldfields new Chilean mine took thirteen years, a looming commodity cliff? Tax receipts slightly better, oil and gold surging. The best and worst ETFs from Q1.
First quarter ETF winners and losers
The first quarter of 2024 is done and we’re looking at the winners and losers in the local ETF space. Tech still winning and PGMs suffering. But there are some surprises in the top ten on each side.
Telcos are horrid investments
String Old Mutual results, but a bank? ADvTech operational leverage, MTN horror results, the SALTA people’s choice and the MPC remains very hawkish on rates.
Winners, 2024 South African Listed Tracker Awards
All the winners from the 7th South African Listed Tracker Awards (SALTAs) with a new addition of a foreign peoples choice award.
Abenomics worked, Fed not so much
Abenomics has worked but the Fed gives up on inflation sending gold higher while oil is creeping higher and threatening inflation. Results from Sun International, Remgro and Telkom sells tower business.
US CPI hasn’t come down in 9 months!
US inflation is largely unchanged over the last nine months. Pick n Pay worries for REITs, poor Absa results and Quantum Foods, there really is no story.
New Satrix ETF that will upweight dual listed stocks
Satrix has listed a new local ETF that will use global free float rules effectively up weighting dual listed stocks while reducing SA Inc exposure.
Shoprite could buy Pick n Pay, but should you buy Shoprite?
Shoprite results saw them with more cash then the Pick n Pay market cap. But is Shoprite cheap at current levels? Bitcoin and Gold and all-time highs and the debt cost squeeze on corporate South Africa.