Goolam Ballim
Goolam Ballim
economy entering global monetary policy reduced resulting transition
The world economy is entering a global monetary transition that will see incremental monetary policy tightening resulting in reduced global liquidity.
beginning economy however local
This is not the beginning of the end for the buoyancy in the local market. The fundamentals of the local economy are sound, however the consolidation is welcome.
bottom bull buoyant company growth line overall profits rand remains seeing surprised
The bottom line is that you still have buoyant company profits and the overall growth story remains positive. I'm a rand bull and not surprised we are seeing these levels.