JSE PE 28 Aug
SA markets and economyTrader insightsUncategorized

Time to take money off the market?

28 August 2013 The JSE had quite a spectacular run over the last two months. The Allshare Index gained 14% since 24 June to 26 August and slipped 2% over the last two days. The major engine this time was the Resources sector. The Resi Index shot up 22% from 5 July to 26 August.

Rand/$ Year to June 2013
SA markets and economy

Don’t be fooled by the Lucky Quarter of our Balance of Payments!

So most economists were surprised by the narrowing of the Current Account deficit of the Balance of Payments from 6.5% of GDP to 5.8%, especially whilst forecasts expected it to widen to 7% or more. On top of that the Capital Account registered even bigger inflows than the 4th quarter while we were worried that

Educational and learning materialSA markets and economy

Investor Education Series: Evaluating the market – The International Economy

Evaluating the market – The International Economy South Africa has a very open economy and is therefore affected by global events. Open economy means that imports and exports constitute a large percentage of our GDP. The equity market is particularly sensitive to global events because of the effect on our currency and economy. Global Economic

SA markets and economyTrader insights

Investing in Gold – THE RIGHT WAY!

When the financial crisis really hit the markets in August 2008 I advised investors to strongly consider investing 10% or more of their portfolios in Gold. It was my opinion that even if the Paulson $750bn plan worked to stabilize the money markets, the consequences will be dramatic and lead to a global recession. I