Tackling your questions tonight are Mia Kruger from Kruger International and Ricus Reeders from PSG Wealth Sandton.
Mia Kruger on Stock Watch (Business Day TV)
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:
Purple 19
City Lodge 13
Sasol 13
PPC 10
Prosus 10
Sibanye 10
M&R 10
Nampak 9
Jubilee 9
Grindrod 9
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
#BusinessNews
Charl Bester CFP®
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
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.
https://www.cnbc.com/2021/08/06/where-the-jobs-are-july-2021-chart.html