January 2024 Update
South African equities have trailed Emerging Market returns in 2024 (FTSE/JSE Capped SWIX Index -2.9% MoM)....
December 2023 Update
Christmas came early for investors after US Federal Reserve chair Jay Powell gifted the markets a ‘dovish hold’....
November 2023 Update
MSCI World rallied strongly (+9,4% in USD) in November, reversing losses compounded over the three prior months. ...
October 2023 Update
SA’s headline inflation (+5.4% YoY) accelerated (in line with expectations) as rising food and energy prices continued to take their...
September 2023 Update
Following the most recent decisions of several major central banks (US, Switzerland, England and Japan), to pause interest rates on...
August 2023 Update
US bond yields rose to a high of 4,36% due to 3 broad factors. Firstly, a loosening in yield curve...
July 2023 Update
The growth of the global equity markets continues into the second half of the year (MSCI World +3.4% MoM/+19% YTD)...
June 2023 Update
Global equity markets rallied strongly into mid-year (MSCI World +1.1% MoM/+27.8% YTD) with the threat of a US government...
May 2023 Update
The old adage “sell in May and go away” held true particularly for SA investors. Escalating loadshedding concerns and...
April 2023 Update
Domestically the month was dominated by loadshedding, food price inflation and the rising headline CPI...