Is the tide turning for stocks?

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I posed the following question a few days ago: Does the stock market rally have legs? We have now had four days in a row of a higher market, something we have not seen since June this year. Although there is as yet little evidence that we are leaving the corpse of the bear behind, it would appear that the nascent rally could have more steam left. The post also includes interesting comments from James Montier and Barton Biggs. […]






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South Africa’s growth sectors losing ground

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By Cees Bruggemans

Annualised GDP growth for 3Q2008 was a minimal 0.2%. This was the lowest growth recorded since 3Q1998.

The year-on-year growth profile for 2008 keeps being lowered. The 1Q2008 saw 3.8% growth, the 2Q2008 saw 4.1% growth and the 3Q2008 saw 3% growth. Year to date for 2008 compared […]

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Have a Great Thanksgiving

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Hat tip: Barry Ritholtz, The Big Picture

 

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