Premium: If Dr Frans is right – here’s a stock to put away in your bottom drawer

START YOUR MORNING BY LISTENING TO TODAY'S BIZNEWS BREAKFAST BRIEFING PODCAST: Amazon zooms, Apple jumps after quarterlies; Rand, Gold, Bitcoin rise again; Unpacking ANC's Taliban; US technically in recession.(If you're struggling to access BBB via Spotify or ITunes, an audio-only version is also available on YouTube. Click here). .___STEADY_PAYWALL___.After 28 years of the ANC, the last half of which has been a complete shambles, all South Africans are desperate for some hope. So it's not surprising that within 24 hours, more than 20 000 people had already watched that uplifting discussion with Dr Frans Cronje..What investors should be asking themselves now is, if they buy his arguments, how can they put the former arch SA-bear's analysis to best use. Specifically, which companies listed on the JSE would be benefit most in what is increasingly shaping up as a far more economically positive scenario post-2024's National Election..Having been raised in Newcastle where the steel producer dominates, I've always taken an interest in a business now known as ArcelorMittal (previous Iscor). In February, after noticing its 25-fold share price increase in the previous 18 months, I asked for and received a detailed update during an interview with CEO Kobus Verster..We had another 20 minute chat yesterday following the release of the group's interim results to end June. Towards the end, Verster unpacked how massively the business is leveraged to SA business activity. Although already at a higher base, the stock is sure to rocket when buoyancy returns to the economy. Even if Cronje is only half right, it may pay to stick away some ArcelorMittals in a proverbial bottom drawer..WATCH: In Ep13 of the A-Plus show Michael Appel and I focus this week on sweeping reforms to SA's energy sector; the former CEO of the IRR, Dr Frans Cronje, reflects positively on SA's future national coalition prospects come 2024; political analyst Dr Ralph Mathekga on what we should take out of the ANC's KZN conference and informal economy specialist GG Alcock on why SA's unemployment rate is far lower than the official numbers suggest. And Capital Energy Resources' Enrico Ganter discusses the potential unintended consequences of SA deregulating 93 octane petrol..More for you to read today: .Investors Love Jerome Powell. But is a fed funds rate at 2.5% really 'neutral' with inflation at 9%?What the cadres really want to talk about. Jeremy Gordin on what won't and will be discussed at the ANC policy conference.Amazon Posts Net Loss for the Second Straight Quarter as It Manages Slower Demand. Shares jump 13.5% in after market as market celebrates AWS, Advertising growth bumping up better-than-expected numbers.Apple iPhone Sales Remain Resilient as Company Reports 11% Decline in Profit. Shares rise after CE Tim Cook says there isn't 'obvious evidence' that macroeconomic factors are affecting smartphone sales.NB FOR YOUR WALL STREET JOURNAL ACCESS….As a Premium subscriber you are entitled to full membership of wsj.com (normal price $29 a month). Be sure to action your access through the Premium link on the BizNews website. Because of The Wall Street Journal's credential requirements, be sure to create a password which has at least 8 characters and includes at least one letter and one number – NB it MAY NOT contain any special characters (ie #, !, @ etc). To maintain access to WSJ.com, you MUST enter our partner's website via Biznews Premium at least once a month. A final PS, if you had previously signed up for WSJ you'll need to clear the cookies from your device. Our helpdesk can assist – support@alecbiznews-com

Premium: If Dr Frans is right – here’s a stock to put away in your bottom drawer

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