A couple of must-read editorials from Wall Street Journal today. One, by editor at large Gerard Baker, rips into the previous blanket dismissal of the likely origin of the Covid-19. Click here. The second, from the WSJ’s editorial board, exposes the agenda behind perfectly timed leaking of personal tax information of wealthy Americans, including Jeff Bezos and Warren Buffett.
- Mining companies are regularly in global investing headlines nowadays after a strong rebound in share prices on surging commodity prices. Two stories in the WSJ this morning for those who co-own Anglo, BHP and co – or are wanting to. The first references Anglo American claiming it will be “part of the solution” in the world’s move to a decarbonised world. Click here. The second makes the argument that a fixed investment strike by miners will extend the commodity supply crunch and keep prices stronger for longer. Click here.
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- I was fascinated by yesterday’s BizNews webinar where Dr Albertus Marais unpacked how the 12J tax incentive can effectively be extended for another five years by those structuring their investments. The 12J window closes forever in exactly three weeks. If your taxable income is likely to be elevated for some years, it’s worthwhile watching the recording of the webinar which focused on the appeal of 12J company KSE. Great questions, too. Click here.
- Still with our mushrooming video service, we went live on BizNews TV around 3pm yesterday with economists Kevin Lings and Mike Shussler and guest co-host Steven Nathan. Topic: SA economy’s 1Q GDP which came in significantly higher than expected. Click here for the recording. And a reminder to subscribe to the channel and ping you ahead of going live – as we now do through the day.
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