Blog

Monthly Update

June 23

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 […]

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Monthly Update

May 21

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 & […]

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Monthly Update

April 14

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 […]

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Monthly Update

March 18

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 […]

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Monthly Update

February 20

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 […]

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Monthly Update

January 13

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 […]

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Monthly Update

December 11

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 […]

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Monthly Update

November 21

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 […]

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Monthly Update

October 31

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: […]

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Monthly Update

September 19

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 […]

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