Market Scorecard A trade u-turn from the US yesterday meant that markets shot higher; similar to champaign gushing out of a bottle, releasing the built-up pressure. The White House announced that some tariff implementation would be delayed thanks to a productive chat with China. One of the reasons given for delaying the tariffs is … Continue reading Investing in Death
Market Scorecard Yesterday wasn't a great day for global markets. Locally, the gold miners were the only sector that shone. Gold has been on a bit of a trot lately, and broke above the $1 400 an ounce level yesterday. Back from the dead! Bloomberg says that this is the highest level in six … Continue reading Interesting Rates
Market Scorecard I was thinking this morning about a time earlier this year where it got boring writing about new record highs each day. We are now at the other end of the spectrum, where most days are down days. Our local market is down around 13% this year, but it could be worse, … Continue reading JNJ goes Woke
Market Scorecard Thanks to good earnings released before the US market opened, our local market went from being down for the day to solidly positive at the close. US markets also soared. Yesterday one of our readers gave some more insight into Canada's falling oil price. Here is what he had to say: "Useful … Continue reading The Bill on Interest Rates
"Stocks are pointing lower at the get go. A short week here in Jozi, Thursday is interrupting the flow of things. And of course stocks in Shanghai are up for now. Ha-ha! Keep calm and carry on." To market to market to buy a fat pig. What a weekend to both forget and remember, depending … Continue reading The Nikkei and the JSE
"Looking back there has not been hyper inflation, barely any inflation for that matter. When monetary policy is out of sink with the real economy, the normal effect is high inflation. The argument can be made that this lack of inflation points to the FED and interest rate being inline with the fundamental forces of … Continue reading Interested in Interest Rates?
"The company is slowly changing, and as they point out, in the coming months there will be more than just the car, the battery too. The so called Powerwall. The products are designed to be beautiful, not too dissimilar to another workaholic and neatness freak who pioneered amazing devices with his design team, one Steve … Continue reading Bezos, Jobs and Musk
"The company employs over 300 thousand "partners", Schultz in the chairmans letter from last year refers to them as the cornerstone of the company who don the green apron daily. It is true to say that the experience at a Starbucks is one that you take with you. Whilst you need not have any previous … Continue reading Earnings! Earnings! Read all about it