Archive for November 18th, 2008

Daily Archive
Tuesday, November 18th, 2008

Plunging cars, credit, confidence, CPI


By Cees Bruggemans
There is an awful lot of cordless bungee jumping going on at present.
Car sales down 30%. Motor dealers 30% fewer. Real estate agents falling by 50%. Steel output to fall by 30%. Stock market down by 45%. Oil price down by 65%. Platinum price down by 65%. Rand down by 40%. Business [...]

No Comments » - Posted in South Africa by Prieur du Plessis
Tuesday, November 18th, 2008

How resilient will SA be to the global economic slowdown?


By Shaun le Roux
The results released by Barloworld yesterday tell a tale of two worlds: Orders for the equipment that they distribute in Europe and the US have fallen off a cliff, while business in Southern Africa is still buoyant, underpinned by a very healthy demand for Caterpillar products in mining and construction. [...]

No Comments » - Posted in South Africa by Prieur du Plessis
Tuesday, November 18th, 2008

DEBT – No Longer a 4-letter Word?


“The big question on my mind these days is whether or not the equity market has corrected enough in order to make equities cheap relative to other asset classes, particularly credit,” asks guest contributor Bennet Sedacca in this post. “My answer is a resounding NO! This leads me to ask, ‘what is the better proposition?’ Debt. Yes, that 4-letter word I have been avoiding for so long.”

1 Comment » - Posted in Guest Bloggers, Investment, Markets, Money by Prieur du Plessis
Tuesday, November 18th, 2008

Video-o-rama: Jim Rogers on the lie of the land


John Authers, investment editor of FT, has just conducted a wide-ranging four-part video interview with Jim Rogers, legendary investor and author. The video clips are included in this post.

3 Comments » - Posted in Investment, Markets, Money by Prieur du Plessis