"(Trump) really, really likes dealmaking. He’s fundamentally transactional, a trait that is much more obviously useful for a property developer than for an international statesman, and he wants to put his name to very big deals.”
"Less than half of the JSE is truly domestic in nature… This structure means that when precious metals prices rally strongly… the local market is lifted even if the South African economy is under strain."
"Interest rate cycles don’t lead economic reality, interest rate cycles react on economic reality"
"Given equities have gone up so much, they are pretty fully valued and that means we are likely to see less valuation expansion as a driver for index returns this year. And therefore, we’re likely to see a better payoff for being diversified."
"(Trump) really, really likes dealmaking. He’s fundamentally transactional, a trait that is much more obviously useful for a property developer than for an international statesman, and he wants to put his name to very big deals.”
"Less than half of the JSE is truly domestic in nature… This structure means that when precious metals prices rally strongly… the local market is lifted even if the South African economy is under strain."
"Interest rate cycles don’t lead economic reality, interest rate cycles react on economic reality"
"Given equities have gone up so much, they are pretty fully valued and that means we are likely to see less valuation expansion as a driver for index returns this year. And therefore, we’re likely to see a better payoff for being diversified."