Archive for June, 2008

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Monday, June 30th, 2008

SA credit growth showing signs of slowing


By Kevin Lings
In May 2008, SA growth in broad money supply (M3) was recorded at 20.9% y/y, down fractionally from 21.1% y/y in April. The market was expecting growth of 20.4% y/y. In May, claims on the private sector rose by a still relatively robust R15.9bn. Overall, while M3 growth remains high, there is some [...]

No Comments » - Posted in South Africa by Prieur du Plessis
Monday, June 30th, 2008

Wall Street’s roller coaster


Hat tip: Barry Ritholtz’s The Big Picture, June 24, 2008.
 
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No Comments » - Posted in Humor by Prieur du Plessis
Sunday, June 29th, 2008

Words from the (investment) wise for the week that was (June 23 – 29, 2008)


Greetings from Slovenia. Renewed fears of inflation and slower growth caused by record energy costs played havoc with global stock markets last week, resulting in the Dow Jones Industrial Average being on track to record its worst June since the Great Depression. As stocks suffered, gold bullion surged and government bond yields dropped due to safe-haven buying. Read all about this in my weekly review, highlighting some thought-provoking news items and quotes from market commentators during the past week.

4 Comments » - Posted in Investment, Markets, Money by Prieur du Plessis
Friday, June 27th, 2008

Dow Jones: Worst June Since Depression


Equity investors are facing their worst June since the Great Depression on the back of concerns about the health of Western banks, the rise in oil prices, deteriorating economic growth and worsening inflationary pressures.

1 Comment » - Posted in Investment, Markets, Money by Prieur du Plessis
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