Too Busy? Got Better Things to Do? Read the Summary… Gold back on fire?: Gold surged over 4% last week, its best weekly gain since February, closing above $4,300 an ounce. Investors read Fed Chair Kevin Warsh as less inclined to tighten policy than inflation warrants, while easing Iran tensions pushed oil below $80 and […]
One possible sign of the times is the fallout of the hedge fund Situational Awareness (with its 4x leverage). Will we look back at this as the first cracks in the AI bubbble? Leopold Aschenbrenner’s hedge fund, Situational Awareness, dropped from about $45 billion to $10 billion in under a month, tied to the AI […]
RSA unexpectedly keeps rate hikes on hold, despite a hotter inflation print – it’s all about the higher price of oil, with no end in sight to Trump’s Middle East war.
Too Busy? Got Better Things to Do? Read the Summary… Watching Sentiment: Oil price moves and Strait of Hormuz traffic remain closely linked, with prediction markets more pessimistic than financial markets about a near-term return to normal shipping. BofA’s fund manager survey, taken as tensions were escalating, showed managers at their most bullish since the […]
Too Busy? Got Better Things to Do? Read the Summary… Good news for RSA Inc? Bank chief economist Goolam Ballim sees South Africa’s economy gaining momentum as electricity, ports and rail fixes start paying off, forecasting 1.7% growth next year and 2% in 2028. Separately, Justice Malala’s piece on anti-immigrant violence highlights reputational and economic […]
Before I get into the nitty-gritty of offshore and stock investing in an upcoming post, let’s just tackle the elephant in the room … Fees. Everyone wants to maximise their portfolio returns, and one of the ways to do that is to minimise the fees levied against it. This might look like a straightforward exercise, […]
I contributed to a piece for Citywire on Retail Impact Investing. You can read it HERE Too Busy? Got Better Things to Do? Read the Summary… FED: Kevin’s First International Foray: Warsh told the Sintra conference that inflation expectations and risks have fallen, credited as much to lower oil prices as to his hawkish stance. […]
ETFs are so popular, consume so much ‘new’ money that they have the power not just to track but move markets. Everyone is still waiting to call the top of the AI bubble- how much longer can it last? This podcast is based on our popular newsletter, sign up at www.rexsolom.co.za
I spent another interesting week interviewing on Fine Music radio last week, and had some interesting conversations. This one, on construction changes underway around RSA was particularly informative: Another Brick in the Wall Too Busy? Got Better Things to Do? Read the Summary… About change!: Gold has shed all its 2026 gains and is now […]
In the newsletter this week (www.rexsolom.co.za) we talk a lot about the East. The Kospi crash, Japan, China as the US fumbles through its 250 celebrations. AI frothiness and volatility is sending warning signals.