Words from the (investment) wise for the week that was (August 24 – 30, 2009)

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Stock markets, in general, again logged gains last week as pundits perceived economic data to be better than expected. But the recovery path is not home and dry yet, as shown by declines in crude oil, a number of emerging stock market indices, small cap indices and high-yield corporate bonds. All said, risky assets displayed some fatigue despite positive economic reports. Read all about this and the implications for financial markets in the weekly “Words from the Wise” review. […]






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Evolving SARB policy

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By Cees Bruggemans, Chief Economist FNB

With an imminent change in SARB Governors, one has reason to wonder whether the monetary policy emphasis may change, and if so, with what kind of implications for the two most important prices in the economy (interest rates and the Rand).

The two terms of […]

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