Mia Kruger and Nick Crail from Ashburton Investments answers the viewers questions. Mia’s stock pick of the day was Sibanye Stillwater and Nick went for Prosus.
Mia Kruger CFA®
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
Ace economist @mikeschussler is in our space today. @Mia_Kruger @LindsayBiz https://twitter.com/i/spaces/1zqKVBQRZZnKB @JanineBester
Charl Bester CFP®
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
Baie geluk met jou verjaarsdag @RassieRugby hoop dit is n goeie een. Sien more in Cardiff #bokke
Would it be possible to get a list of flipped wards (nationwide) @DawieScholtz
Ek dink oorlede oom Jaap Marais is tevrede met die lae stem persentasie “stem reg, bly weg” @DawieScholtz nie dat ek saamstem nie.
Unbelievable, Messi earns in two weeks more than the worlds top paid rugby player Handrè Pollard. Did Messi win a Lions series, the world cup? We love you @Springboks @lionsofficial #RugbyForever https://dailypost.ng/2021/08/07/lionel-messi-psg-to-pay-player-e769000-per-week/?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook&fbclid=IwAR2myDcApbV2lwPXCba-6Gu4AqdS00Oewv3Tz5MI7Gfn8xgaExZwVixI7Qw&=1
Strong nonfarm payrolls.
Amazing opportunity! Target to pay 100% of college tuition and textbooks in bid to attract workers @CNBC https://www.cnbc.com/2021/08/04/target-rolls-out-debt-free-college-degrees-to-woo-retail-workers.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter
Studying for the Investment Advice Diploma in England and came across the Latin motto for the London Stock Exchange “dictum meum pactum” (my word is my bond). Not a lot of words but a big statement! Now here is a company with a history going back over 300 years.