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Asian market turmoil continues as China slides another 5%

Asian market turmoil continues as China slides another 5%

Asian markets at four-year low. The Shanghai Composite index fell over 5% in Monday’s trading, reversing a small rebound the previous week, as investors’ worries over China see no signs of waning. China’s mainland index fell 5.3% to 3,017 points in late afternoon trading, while Hong Kong’s Hang Seng was down 2.4%, trading at 19,960.

High Yield Corporate Debt – a Canary in the Coal Mine?

High Yield Corporate Debt – a Canary in the Coal Mine?

The term ‘canary in the coal mine’ refers to the days when coal miners faced the problem of detecting the build-up of the extremely toxic, but effectively unobservable gasses such as carbon monoxide. Taking a canary in a cage down into the mine provided them with an effective early warning system – when the bird

Fixed Interest Investing

Fixed Interest Investing

Not another rates article… At the moment the market expects the Repo Rate to rise by at least another 2% over the next two years.  Stating that, in such a manner, grants a degree of certainty and credibility to a subject that is, in actual fact, greatly different. Market expectations, especially regarding interest rates, are

The Rand is Not Alone

The Rand is Not Alone

During the week we saw the Rand hit its lowest level against the Dollar in four years and for South Africans the tendency is to think “woe is me“, for clearly weakness is South Africa specific and we are once again being targeted by faceless currency speculators. There is some truth to those comments, but where

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