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Local Inflation at 2.8%, is the SARB Asleep? (#611)
Episode 611

Local Inflation at 2.8%, is the SARB Asleep? (#611)

WorldWide Markets with Simon Brown · JustOneLap.com

November 21, 20248m 52s

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Show Notes

October Inflation
  • Local CPI at 2.8%, yet prime is 11.5% ahead of the MPC decision this afternoon.
  • The gap is far to wide, SARB needs to cut aggressively.

South Africa | Prime vs. CPI

Gold and Bitcoin
  • Gold has bounced, but is this for real?
  • Bitcoin heading for US$100k
Rand weakness
  • The US$ remains string and is hurting the Rand.

US$ Index

Astral results
  • Good results
  • Paid back R1.1billion short-term debt
  • But volatile, a trading stock.

Simon Brown

* I hold ungeared positions.

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