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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

Zuma-saga: We only hope sanity prevails

Zuma-saga: We only hope sanity prevails

Why all the fuss over the recent cabinet reshuffle and the firing of Pravin Gordhan (PG) as Minister of Finance.   Quite simply the treasury has been “captured”; the next institution under threat would be the Reserve Bank and then the

mw@dmin April 13, 2017July 20, 2017 Investor Behaviour, Market behaviour Read more

More relief expected for consumers

More relief expected for consumers

Eight years after the global financial crisis the world economy is expected to have its best year as broad based synchronised growth takes hold across the globe.  Even SA is expected to deliver growth of around 1.5% vs. a dismal

mw@dmin March 16, 2017March 16, 2017 Market behaviour Read more

Defining risk, counter-intuitive thinking

Defining risk, counter-intuitive thinking

Blame it on a mid-life crisis, but I recently acquired a motorcycle much to my mother’s dismay.  I vividly recall the same response from her some 32 years ago when my Dad agreed to me getting a 2nd hand 50cc

mw@dmin February 16, 2017February 16, 2017 Investment Risk, Investment Strategies, Investor Behaviour, Market behaviour 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

Current account deficit a faint glimmer of hope

Current account deficit a faint glimmer of hope

Here appears to be rumours doing the rounds predicting an almighty crash of the rand on the back of rating downgrade expectations for later this year.  S&P rating agency are expected to announce heir SA sovereign rating review early in

mw@dmin September 22, 2016October 26, 2016 Market behaviour Read more

You cannot unsee what has been seen

You cannot unsee what has been seen

The title of this week’s article refers to a comment made by a Coronation Fund Manager in reference to the indiscriminate firing of Minister Nene by President Zuma and then the subsequent reversal four days later when Des van Rooyen

mw@dmin August 25, 2016September 26, 2016 Market behaviour Read more

Is end of Zuma debacle in sight

Is end of Zuma debacle in sight

I have generally avoided politics in my articles believing that politics and governments don’t really affect long-term investing; however the current political situation and policy crisis, which go hand in hand, in certainly a factor investors need to keep firmly in

mw@dmin July 14, 2016September 26, 2016 Market behaviour 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
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