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With the US crisis out the way and Europe on a steady footing, there is little in the way of global concerns. There was more rand friendly news out the US last week in the form of nonfarm payrolls for September, the number come in lower than expected (148k) vs Bloomberg consensus forecast of (180k). …
The Strategic Wealth Solutions Lighthouse Investment will pay advisors 3% upfront fee and still give clients 100% capital allocation. The Lighthouse returns are based on the diversified JSE/Alsi 40 Index and has 110% capital guarantee offered by The Standard Bank of South Africa Limited. It also allows clients to double their money before hitting the …
The US has now pulled back from the brink of default again. This would have two effects on the economy. The first is having almost 400k government workers furloughed without pay for just over two weeks. The second is more a psychological impact on business and consumer confidence that results from both the shutdown and …
