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By Cees Bruggemans The Rand at just over of 8:$ has lost 45% of its value since its secular best of 5.60:$ this decade. In contrast the Aussie Dollar has firmed by a further 20% since then. Yet both countries are commodity producers with sizeable current account deficits. Something seems [...]
Donald Coxe, Global Portfolio Strategist of BMO Financial Group, is one of a select group of analysts that have been remarkably right on the “big picture” investment outlook for many years. I have therefore deemed it appropriate to share his recommended investment strategy with readers, especially also in the light of the difficult juncture in financial markets. [...] | ||||||||||||||||||
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