Our in-house Economist, Harry Plumstead was part of a panel discussion on CNBC Africa providing his comments post the MPC Meeting descision to cut interest rates by 0.25%. The South African Repo rate now sits at 6.5% while prime moves to 10% #MPC #mpc2018.
Our in-house Economist, Harry Plumstead was interviewed on CNBC Africa on the local ecomomic outlook. "SA growth acceleration is imminent. The combination of a supportive global environment, lower SA inflation and rates, and positive change in political sentiment, introduces substantial upside risk to current SA GDP growth forecasts."
Harry Plumstead speaks about the markets for Friday past.
Harry Plumstead reviews foreign and local markets for the week past.
Harry Plumstead, our investment strategist and economist, gives a summary of the market indicators.
Harry summarises the market indicators of the past week highlighting positive bond investment. Investment strategist and Economist
You had to live through 2007-2009 to understand financial failure left many people around the world traumatized. Coming back was never going to be easy. And it hasn't been. The second and third round of resulting traumatizing events are only now playing out. And there are many who still fear far worse to come. To [...]
The moment to get hawkish never materialised globally. Instead, the doves have seemingly right of way. The Fed may have started liftoff last month, but events since then have taken the world rather in a different direction in a matter of weeks. Central banks will first try soothing words (Carney last week, Draghi this week) [...]
The year wasn't supposed to start like this. One darn thing after another. Not so much crisis stations as having to manage the unexpected, with fallout of course registering in Rand and JSE stock market. The Big Thing, feared for well over a year, didn't turn out to be the Fed. It managed liftoff [...]