Archive for July, 2008

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Thursday, July 31st, 2008

Jeremy Grantham: Meltdown – “I’m officially scared!”


This post deals with a rather sceptical outlook.The bearer of the bad tidings is well-respected money manager Jeremy Grantham who has just published the July edition of his quarterly newsletter entitled “Meltdown! The Global Competence Crisis”. In terms of strategy, Grantham summarizes his view in what he believes should be investors’ motto: “Don’t be brave, run away. Live to fight another day.”

6 Comments » - Posted in Investment, Markets, Money by Prieur du Plessis
Wednesday, July 30th, 2008

SA credit growth remains high


By Kevin Lings
In June 2008, SA growth in broad money supply (M3) was recorded at 20.28% y/y, down fractionally from 20.9% y/y in May. The market was expecting growth of 20.14% y/y. In June, claims on the private sector rose by a substantial R38.2bn. Overall, M3 growth remains high, although there is some evidence to [...]

No Comments » - Posted in South Africa by Prieur du Plessis
Tuesday, July 29th, 2008

Time To Be Optimistc, Says Pring


When I first started working in investments in 1984, a standard item on my reading list was Martin Pring’s InterMarket Review, which served an extremely useful function with its prescient analysis. Almost 25 years later, I’m still paying close attention to Martin’s views, especially when he argues a bullish case for equities – a scenario not often heard of in these difficult times.

6 Comments » - Posted in Investment, Markets, Money by Prieur du Plessis
Sunday, July 27th, 2008

Words from the (investment) wise for the week that was (July 21 – 27, 2008)


Financial markets witnessed another roller-coaster week as renewed concerns about the global economy and the health of the financial sector surfaced, resulting in a mixed week for world stock and bond markets, an improved US dollar and continued weakness in oil and commodities. Read all about this in my weekly review, highlighting some thought-provoking news items and quotes from market commentators during the past week.

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