Tensions between Ukraine and Russia are at their highest in years. As talks between the nations involved continue, it is important to stay abreast of developments and monitor these, as well as any additional implications which may affect global economies.
A review of recent international developments, with added commentary on our Best Investment View portfolio.
As we slowly inch towards year end and quietly amongst ourselves hope for a relaxed festive season, economic and market developments are certainly cause for much excitement. November was all but a quiet month: rate hikes, a renomination at the Fed, Black Friday and a new variant of the Coronavirus; much to keep us focused. Read our last newsletter for 2021 by Ashley Knight, CFA, below.
In this month’s newsletter, Ashley Pedlar, CFA, gives a quick update on relevant tech news.
News headlines over the past month have been focused on China’s clampdown on big tech firms and the larger implications for international investors. With Naspers and Prosus being such a large part of our local exchange, and the majority of their value being derived from Chinese tech company Tencent, Ashley Pedlar, CFA, discusses why it is important to understand how this could potentially impact South African investors.
A recap of the recent budget speech. Overall, the government is aiming to reduce the budget deficit and stabilise the debt-to-GDP ratio. Over the past year, the budget deficit has doubled and the shortfall in revenue is approximated at R 213.2 billion. At current levels, this number is projected to increase, resulting in financing costs of R 338.6 billion for the 2023/2024 period. The Treasury has noted this fact and have based their strategy thereon with the aim to “return public finances to a sustainable position”.
Biotechnology – the fusion of biology and technology. This month on our blog, Ashley Pedlar (CFA) explores this investment theme.
We all have biases that may cloud our judgement when making day-to-day decisions, and our finances are not exempt from these biases. We often depend on our intuition, but sometimes we are unaware of how our gut feeling may be faulty.
This month on the blog we look at the role of psychological factors in financial decisions.
E-commerce has indeed picked up over the past decade. This does not mean that traditional brick and mortar retailers’ sales have declined, but rather that their landscape is adapting to consumer preferences. Ashley Pedlar, CFA, breaks down the foundation of retail.
Ashley Pedlar, CFA, debunks the Robinhood trader phenomenon.
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