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 […]
Some are calling it ‘Strait Fatigue’ – and every new outbreak of hostilities is met with a ho-hum and a bit of oil movement. Every company out there is going to have to have a strategy for taking advantage of AI, and for many that means first getting into the cloud.
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 […]
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 […]
UK inflation – a pleasant surprise: The Bank of England held Bank Rate at 3.75% on 18 June in an 8-1 vote, as UK inflation eased to 2.8% in May. Hike expectations have fallen from four this year to roughly one, following the US-Iran deal. Politically, over 70 Labour MPs are calling for Starmer to […]
Too Busy? Got Better Things to Do? Read the Summary… This Week’s Roundup: SA’s Q1 GDP beat forecasts at 0.5%, with Fitch delivering its first credit upgrade in 21 years (BB- to BB). Petrol is 35% above January levels, pushing CPI to 4.0%. US May CPI hit 4.2% on soaring energy costs, with PPI at […]
DJT’s every utterance is still, somehow, believed by the markets and the swings continue to be wild. SpaceX IPO coming in to muddy the indices and where to original thought? All this and more in the podcast with Dawn Ridler and Cobie LeGrange.
The Legacy Series eBook is ready (free on request). Too Busy? Got Better Things to Do? Read the Summary… This Week’s Roundup: The SARB hiked the repo rate by 25bp to 7% on 28 May — its first hike since 2023 — with four of six MPC members in favour. SA inflation jumped to 4.0% […]
Too Busy, Got Better Things to Do? Read the Summary… This Week’s Roundup: SA inflation jumped to 4.0% in April, markets pricing two rate hikes by year-end with a 25bp hike expected at the May 28 MPC meeting. IIF cut SA’s 2026 growth forecast to 1.3%. Q1 trade surplus tripled to R77bn. US deficit projected […]
As the Iran war grinds on with no resolution in sight, inflation is starting to bite, and bonds are taking notice, around the globe. In volatile and uncertain times like this, FOMO can set in and disrupt your portfolio and long-term plans. You can find us on wealthecology.co.za, join our (free) newsletter and keep up […]