SA capital markets are cheap, but is it darkest before dawn?
Any stupid remark or action could lead to a further downgrade in South Africa’s credit rating and higher 10-year government bond yields.
Bonds
The banking crisis: a much-feared Black Swan has struck
The fallout could be very uncomfortable for equity investors and savers.
Risks of global stocks are high – is a fallout looming?
Soaring global equities should be seen in the context of the business cycle.
Life insurers ‘well capitalised’ despite paying out R608 billion in 2021
Policyholders and beneficiaries received claims and benefit payments worth R608 billion from South African life insurers in 2021, the highest paid in a single year, according to statistics released by the Association for […]
Political messaging, juggling spending demands, and the outlook for SA bonds
Jeff Schultz, senior economist at BNP Paribas South Africa, provides the following perspective on the Budget. He discusses: What the ANC hopes the Budget will achieve politically. The outlook for government revenue and […]
Investing in bonds – Are conditions favourable now?
In a recent opinion piece, Londa Nxumalo, co-portfolio manager of the Allan Gray Bond Fund, argues that the threat of a downgrade by Moody’s to sub-investment grade is significant and could negatively affect […]
Investing in bonds – Are conditions favourable now?
In a recent opinion piece, Londa Nxumalo, co-portfolio manager of the Allan Gray Bond Fund, argues that the threat of a downgrade by Moody’s to sub-investment grade is significant and could negatively affect […]
