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Market Drivers

Why SA Inc’s rating has been downgraded

Why SA Inc’s rating has been downgraded

The rating downgrade is not the concern, but the reason for the downgrade is. Rating agencies primarily consider two critical factors when issuing a credit rating. Firstly, your ability to pay back the debt and secondly your willingness. How does

mw@dmin July 20, 2017July 20, 2017 Market behaviour, Market Drivers Read more

Political ping-ponging as economy weakens

Political ping-ponging as economy weakens

The recent political rhetoric or should I say open warfare between the premier league a.k.a. Zuma and cronies vs. the reformists is heating up rapidly and likely to get a lot worse before the ANC elective conference in December.    The

mw@dmin May 25, 2017July 20, 2017 Market behaviour, Market Drivers Read more

Prediction, in the end, is mere speculation

Prediction, in the end, is mere speculation

At the risk of committing career suicide I would like to admit the following.  I have no idea the affect Trump will have on our share market over the next few months…..I can hear the response “What! You don’t know.

mw@dmin March 30, 2017July 20, 2017 Investor Behaviour, Market behaviour, Market Drivers Read more

How best to survive doldrums

How best to survive doldrums

The doldrums are noted for calm periods around the equator when the winds disappear, trapping sail-powered boats for periods of days or even weeks.     There are many stories told of sailors going completely crazy while desperately hoping for wind and

mw@dmin December 15, 2016December 15, 2016 Investment Strategies, Market behaviour, Market Drivers Read more

Foreign investment headwind

Foreign investment headwind

It is interesting how Rand weakness seems to negatively affect our collective psyche and overall sentiment, notwithstanding that most South Africans probably don’t understand the full implications of currency weakness.   Maybe it’s our fears of becoming a banana republic like

mw@dmin December 1, 2016December 1, 2016 Investment Risk, Investment Strategies, Market behaviour, Market Drivers Read more

Banana Republic

Banana Republic

South Africans are feeling better without really knowing why.   The positive sentiment is probably linked to the stronger rand, which is being driven by the stabilization of commodity prices and a renewed investor appetite for emerging markets; but mostly I

mw@dmin October 20, 2016October 20, 2016 Investment Risk, Market Drivers Read more

Bulls and Bears in the money game

Bulls and Bears in the money game

I have not yet seen the movie “The Revenant” for, which Leonardo DiCaprio won the Oscar for Best Actor, but I have been told the scene when the bear attacks him is excruciating to watch and goes on forever and

mw@dmin March 10, 2016October 27, 2016 Market behaviour, Market Drivers Read more

Increase your retirement savings

Increase your retirement savings

You are probably aware there are some changes to the rules governing retirement savings, which come in effect on the 1st March.  Unfortunately the only reason you are probably aware of this is all the negative publicity around Cosatu’s threats

mw@dmin February 25, 2016October 27, 2016 Market behaviour, Market Drivers Read more

Zuma’s Rubicon

Zuma’s Rubicon

Subsequent to writing the article below, the President has announced a dramatic u-turn by appointing Mr Pravin Gordhan as the Minister of Finance.  Mr. Gordhan is highly regarded having previously served as the Minister of Finance after Trevor Manuel. Mr

mw@dmin December 17, 2015October 27, 2016 Market Drivers Read more

Is South Africa going broke?

Is South Africa going broke?

Is there a fiscal crisis in SA; this is a nice way of asking if SA is going broke?  In my opinion there are sufficient signs to warrant concern.  In 2008 SA domestic debt as % of GDP stood at

mw@dmin July 31, 2014October 27, 2016 Investment Risk, Market Drivers Read more
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