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Market Commentary | August 2026

Something interesting is happening that bears a similarity to the telecommunications build-out (typically termed the ‘TMT boom’) of the late 90s.  Back then, the companies laying fibre-optic cable were financed substantially by their own equipment...

Destination Inflation?

A significant risk to global equity markets on the horizon is inflation. The latest round of stimulus has elevated global debt to GDP ratios to unsustainably high levels. Since countries will never be able to pay down this debt, one way out of this problem, is for...

Red Flags for Fraudulent Investments

There has been a flood of new investment opportunities marketed online and through social media in the past few months. It can be hard to dissect all the information and determine the legitimacy and the risks associated to these investments. It goes without saying...

Book Review

Different perspectives to the same question – can South Africa overcome its current difficulties and prosper? Upheaval by Jared Diamond     Diamond identifies a dozen factors that makes it more or less likely that an individual will succeed in resolving a personal...

Mirroring Reality

How do you protect your wealth when a country goes belly-up? Fortunately, we have a case study in Zimbabwe to help answer that question. Old Mutual is listed in South Africa (JSE), London (LSE) and Zimbabwe (ZSE) on each of their respective stock exchanges. One share...
The Biggest Threat to Liverpool & Netflix

The Biggest Threat to Liverpool & Netflix

December 2018 was the worst performing December for the global stock market since the Great Depression and the worst performing month since the Global Financial Crisis in 2008. Fortunately, in January 2019 markets bounced back sharply with the MSCI All Countries World...