Hello all

Here’s what’s been happening with the investors:

Screen Shot 2014-06-24 at 9.09.01 PM

Screen Shot 2014-06-24 at 9.09.20 PM

And here are the indicators:

Screen Shot 2014-06-24 at 9.09.10 PM

The key take-home messages:

  • After the platinum industry strike was declared over, the markets fell (which just goes to show how crazy and unpredictable markets can be).
  • The inflation rate was revised upwards to 6.60%, so we could possibly be expect an interest rate increase announcement at the next monetary policy committee meeting. Although, frankly, a rate increase is the last thing anyone needs – sod inflation-targeting. It’s not like any inflationary increases are due to a sudden increase in spending – it’s more likely caused by a weakening rand driving up the price of key imports (like fuel).
  • 14 weeks in, Satrix for the win.
  • Although there are rumblings that the equities market is overheating.
  • I say: where else can the money go?

Until next week!