Mia Kruger discuss S&P’s credit rating downgrade and share advice on investment options in times of uncertainty.
Mia Kruger CFA®
[ICYMI] Today on the #MoneywebNOW #podcast with @SimonPB, @StatsSA' Patrick Kelly on the latest inflation basket, @SATRIX_SA on staying committed to your long term investment goals and @Mia_Kruger on Sibayne as PGMs remain strong.
Download the podcast: http://ow.ly/kGu650HIV3O
United States consumer inflation up at 7% in Dec 2021, highest level since 1982. Interest rates still down at 0.25%, offering no incentive to save. US Federal Reserve expected to start to increase interest rates in Mar 2022 and continue to move rates higher over next 2 to 3 years
Around 40% of Nasdaq listed stocks are at 52 week lows. Yet the overall index is only 7% off all time highs. The blue chips are standing strong while the high beta stocks have been crushed. School fees for the Robinhood heroes of 2021.
Cristal Challenge 2022:
Wrapping up everyone’s choices, with only 3 or 4 outstanding, these are the most popular stocks:
City Lodge 13
African Rainbow Capital 8
SA Reserve Bank increased rates by 25bps flagging the clear upside risks to inflation, despite the Reserve Bank flagging the downside risks to SA growth. This is an appropriate and forward looking decision given how damaging higher inflation can be for most households
[COMING UP] On #MoneywebNOW podcast with @SimonPB,@Mia_Kruger on markets. Jeffrey Wapnick MD @OctodecInvest on results as student accommodation struggles. Bruce Williamson on the investment case for PGMs
Livestream the #podcast at 6:30: http://bit.ly/3fj3DO5
Don't miss @HermanMashaba in our space at 13.00 today. https://twitter.com/i/spaces/1dRJZlznWLNKB…
@Action4SA @davidshapiro61 @LindsayBiz @Mia_Kruger @JanineBester
Performance of Analysts' SA Stock Picks for October (12th, and in progress). @BusinessDayTV #StockWatch
@NickKunze2 with a good monthly lead with his pick on Northam Platinum. Well done also to Graeme and @Mia_Kruger sticking with their favorite picks (#AIL and #SSW)
https://twitter.com/i/spaces/1dRJZlznWLNKB @Magda_Wierzycka @HermanMashaba @davidshapiro61 @Mia_Kruger @LindsayBiz
Straight talking @mark_barnes56 is in the Hot Seat surrounded by investment specialists @madaboutmarkets @Mia_Kruger @chantal_marx
Access the Full Show: https://youtu.be/C7L14lNTReU
Charl Bester CFP®
I live abroad at the moment and need help. The consultants in SA cant help me and I don't have access to my SA number for the OTP. @Discovery_SA #discoverybank
Some business models are more enduring than others. #LSEG #JSE2
Pretty decent inflation hedge. Johnson & Johnson dividends going back 40 years.
Real wars, trade wars, crashes, bubbles, lockdowns, Trump, recessions, expansions etc. steady as she goes.
Yield in the US 2 year has gone from 0.15% (last year), 2.59% (last month) to 3.25% today. Very big moves indeed! Equity market getting all the attention, but the action in bond market is worth a mention.
What's happened in the last two days had never happened in my 37 year career. The bigger move in 2 year rates only happened during the volcker years. Back then the fed just called the primary dealers and told them the fed funds rate. No presser, no guidance. Just a surprise
UK bank holiday. Oxford - a wonderful day out with the family.4
Thanks to Chris Bennet a recent guest at Elephant Plains for capturing this fabulous picture of Head ranger Dylan and his tracker Colbert at sun down on an evening game drive.🤎
📷 : @chrisbennettphoto https://www.instagram.com/p/CbA7te_qtKf/?utm_medium=twitter
Hierdie gravy trein sal nie stop terwyl daar nog iets gesteel kan word nie. IMF waarsku SA: Likwideer, privatiseer en hou op leen! https://www.netwerk24.com/netwerk24/sake/ekonomie/imf-waarsku-sa-likwideer-privatiseer-en-hou-op-leen-20211208