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 […]
Monthly Market & Fund Update – October 2024 In October, South Africa saw positive economic strides as Consumer Price Inflation dropped to 3.8%, the lowest since March 2021, while the unemployment rate improved from 33.5% to 32.1%, marking its first decrease in a year. On the global front, US inflation slowed to 2.4%, with the […]
Monthly Market & Fund Update – September 2024 In this month’s newsletter: We dive into potential scenarios for the 2024 US Election with Trump vs. Harris in focus. Plus, a very positive month for the JSE, driven by the Chinese Communist Party’s announcement of upcoming economic stimulus measures. 📈 Read more in our Monthly Newsletter: […]
In this month’s newsletter, we cover the Offshore Economic Update, where August’s data shows contrasting growth between US services and cyclical sectors. Locally, our Economic Update highlights a positive month for Listed Property, with expectations of a 25 basis point Repo Rate cut by the SARB in September. We also discuss why US Treasury Bonds […]
In this month’s newsletter, we cover the Local Economic Update, highlighting a very positive month for local assets driven by optimism surrounding the newly formed Government of National Unity. We also break down the key points of the Two-Pot Retirement System, set to be implemented from the 1st of September. Read more about it here […]
In this month’s newsletter, we discuss the Local Economic Update, which shows very positive outcomes for most local assets, largely due to the positive sentiment towards the newly formed Government of National Unity. We also touch on the potential impact of the GNU on your investments. Read more about it here in our Monthly Newsletter […]
In this month’s newsletter, we discuss how you can benefit from compounding. We also explore the market volatility as a result of uncertain election outcomes, which significantly impacted bonds, the ZAR, and financial equities. Read more in our Monthly Newsletter: Read more about it here in our Monthly Newsletter : Monthly Market & Fund Update […]
In this month’s newsletter, we’re emphasising the importance of diversification for our clients. Diversifying across different asset classes helps mitigate inflation risk, as each asset class responds differently to inflation. We’ll explore three common building blocks that we recommend to clients and delve into the effects of inflation on each. Read more about it here […]
