Trading update : 12 December 2024

The US market seems unstoppable at the moment, with the S&P 500 hitting its 56th record close of the year and jobs data beating expectations. In contrast, the UK economy had its growth forecasts revised down and the EU remains in the final throws in its battle against inflation.

Trading Update : 29 November

Retail sectors are getting into the festive spirit, with promising signs in the US and SA markets that consumers are ready to spend. The US market is also looking strong after some sanity prevailed in President-elect Trump’s administration picks, with equities and treasuries cheering Trump’s pick of Scott Bessent for Treasury Secretary.

Trading update : 22 November 2024

The Trump Trade remains omnipotent, buoying sectors like tech while sowing uncertainty in sectors like big pharma. Outflows from the world’s biggest emerging market continued unabated, but good news for SA Inc. helped boost the rand before geopolitics took some of the wind out of our sails.

Trading Update : 11 November 2024

The world’s best-known investor has a contrarian view on U.S. stocks. What does Buffett’s pivot to cash say about stocks, especially will dollar bulls charging among buy-and-hold investors following the election outcome?