No Mercy for The Hoff

  To market to market to buy a fat pig. Yesterday was one of those days that you will always remember. I remember when African Bank went to zero, it probably spent more time that day in volatility auctions than trading freely. Other days that come to mind would be the day after Brexit and … Continue reading No Mercy for The Hoff

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D-Day

  To market to market to buy a fat pig. It is D-day, 'Downgrade Day', or is it? Last night Fitch left our debt at one notch below investment grade on a stable outlook, making mention of our low growth and the likelyhood that we will need to borrow more going forward. The way I … Continue reading D-Day