🔒 Markets keep making the same mistake about inflation – with insight from The Wall Street Journal
Stocks and bonds have further to fall because investors are still clinging to the vestiges of the belief that inflation will soon be conquered.
Stocks and bonds have further to fall because investors are still clinging to the vestiges of the belief that inflation will soon be conquered.
Rand Merchant Bank has listed an innovative new product on the JSE, which will enable companies and individuals to hold unlimited quantities of cash in US dollars.
How do the latest movements in the rand impact the performance of equities and bonds? Economist Brian Kantor combs through the data.
A demographic crisis for pensions, driven by longer life expectancies and declining birth rates, has now become critical, thanks to historic low bond yields across the world.
The recent Rand strength is a reflection of less rather than more global risk aversion – and so a search for value in equities rather than in the defensive qualities of global consumer facing companies paying predictable and growing dividends.
In some quarters the term ‘value investing’ has acquired misleading connotations. Has the concept of ‘value’ has become synonymous with ‘cheap’.
For most of history, the Fed and ECB’s monetary policy has been in sync. Now is one of those rare occasions when they’re moving in different directions.