Day

June 23, 2017

WM Market Update – May 2017

Global – Sell in May? The adage “sell in May and go away” certainly didn’t hold true for both global and emerging markets this month as the MSCI World Equity Index returned 1.78% and the MSCI Emerging Market Index 2.80%, both in Dollar terms. Being out of the market was certainly not the right place to be. However, this unfortunately wasn’t the case for the JSE/FTSE All Share Index which was most disappointing, ending the month down 0.42%. Read the full article Domestic – Rating agencies call the shots! Whilst May began on a positive note for the local market, the uncertainties surrounding President Zuma and ‘State Capture’, coupled with the overhang of a possible further sovereign debt downgrade as well as a sharply declining oil price, all contributed to a risk-off attitude prevailing – with the result that the...
Read More

EB Market Update – May 2017

Global – Sell in May? The adage “sell in May and go away” certainly didn’t hold true for both global and emerging markets this month as the MSCI World Equity Index returned 1.78% and the MSCI Emerging Market Index 2.80%, both in Dollar terms. Being out of the market was certainly not the right place to be. However, this unfortunately wasn’t the case for the JSE/FTSE All Share Index which was most disappointing, ending the month down 0.42%. Read the full article Domestic – Rating agencies call the shots! Whilst May began on a positive note for the local market, the uncertainties surrounding President Zuma and ‘State Capture’, coupled with the overhang of a possible further sovereign debt downgrade as well as a sharply declining oil price, all contributed to a risk-off attitude prevailing – with the result that the...
Read More
Pop Up WordPress Plugin