This month’s newsletter brings you the latest local and global economic highlights. On the local front, South Africa’s resources sector continued its strong run in August, delivering an impressive 12% return and once again leading the way as the best-performing sector. Globally, the US Federal Reserve kept its federal funds rate unchanged at 4.25–4.50%, holding […]
In June, South Africa’s resources sector led the way, delivering a strong 5.1% return, while the Rand strengthened by 1.4% against the US Dollar – a welcome boost for local investors. On the global front, the US economy showed mixed signals. Annual inflation came in at 2.7%, with the Federal Reserve’s preferred measure – the […]
June Market Highlights: Local Progress & Global Shifts In this month’s newsletter, we explore the latest market movements and what they mean for your financial strategy. Locally, South Africa secured a $1.5 billion loan from the World Bank to support critical infrastructure upgrades—covering electricity, transport, ports, and rail. Inflation came in at 2.8% over the […]
Markets, Inflation & Tariffs — May in Review In May, mid-cap stocks led the local market with a 5.5% return, while the Rand strengthened by 3.3%. Inflation cooled to 2.8%, staying below the SARB’s target range. Globally, US inflation continued to slow, and tensions eased as the US and China agreed to a 90-day tariff […]
Big Shifts in Local & Global Markets Local inflation dropped to 2.7%, but political uncertainty continues to weigh on markets. In the US, Q1 GDP shrank by 0.3% amid tariff concerns. Plus, Warren Buffett steps down after 55 years — leaving behind a legacy of disciplined investing. 👉 Read more in our Monthly Market & […]
Staying Ahead in a Shifting Economic Landscape This month’s newsletter unpacks the latest local and global economic developments. On the home front, Consumer Price Inflation held steady at 3.2% over the past year, sitting comfortably near the lower end of the SARB’s 3–6% target range. However, political tension within the Government of National Unity following […]
This month’s newsletter covers key economic updates. In South Africa, inflation remains low at 3.2%, but 4th Quarter GDP growth was weak at 0.6%. In the US, inflation eased to 2.8%, while GDP growth remained strong at 2.3%. We also explore the impact of Trump’s tariffs on global markets. Read more about it here in […]
January saw an exceptional performance from the Resources Index, delivering a remarkable 17.9% return. On the global front, US GDP growth continues to trend above the 2% historical average of the past 30 years, with the fourth-quarter growth rate coming in at 2.3%, slightly below the expected 2.6%. In this edition, we also take a […]
In this month’s newsletter, we cover November’s Consumer Price Inflation in South Africa, which came in at 2.9%, falling below the SARB’s lower target band of 3%. Meanwhile, the US economy continues to show resilience, with third-quarter GDP growth finalized at 3.1%, surpassing the 30-year historical trend. We also share our outlook and positioning for […]
Monthly Market & Fund Update – November 2024 This month, we focus on the importance of valuations in driving long-term equity returns and key economic updates: Local Markets: A mixed month for JSE sectors, but bonds (ALBI) surged 3%, fueled by lower-than-expected inflation for October. Offshore Markets: US labour market strength eases recession fears as […]
