November marked the strongest monthly gains for risk assets this year, with a broad rally in both equities and bonds that was helped by a further slowdown in global inflation.
Continue readingDFM Monthly Wrap: November 2023
DFM Monthly Wrap: October 2023
Investors shy away from risk assets amidst inflation and the Israel/Gaza conflict. The US grapples with persistent inflation, while the ECB maintains steady rates in the UK/Europe. In Asia, China confronts deflation risks, and South Africa, despite a positive mid-term budget response, remains vigilant as risks linger.
Continue readingMarkets Hammered By Rates | Q3 2023
A quick look at what happened in the markets in Q3 of 2023. Commentary brought to you by INN8 Invest.
Continue readingDFM Monthly Wrap: August 2023
US equities stumble amid China and Fed concerns. Euro-area business contracts, with Germany facing historic import declines. The Bank of England raises rates amid UK inflation, and South Africa grapples with economic hurdles as CPI eases to 4.7%. Amidst global uncertainties, markets navigate turbulence.
Continue readingDFM Monthly Market Wrap: July 2023
In the month of July, there was robust growth in both global and local stocks, driven by the US Federal Reserve’s decision to raise interest rates to their highest point in over two decades. In the UK, inflation maintained a persistent high, while China introduced additional stimulus measures and the Bank of Japan made adjustments to yield curve control. Furthermore, the South African Reserve Bank opted to halt its ongoing rate hikes.
Continue readingAI Sparked the Biggest Tech Rally in Two Decades Despite Sticky Inflation | Q2 2023
Central banks around the world are raising interest rates in an effort to bring inflation under control. However, it is still too early to declare victory. Inflation remains high in many countries, and there are concerns that it could become entrenched.
Continue readingThe Impact of CGT on Your Retirement Savings Deduction
Although the inclusion of taxable capital gain in Section 11F of the Income Tax Act allows for a larger retirement fund contribution, the deduction is reduced to taxable income before the gain is added, thereby debunking the notion that retirement contributions can reduce the tax on capital gains.
Continue readingNot So Fast – the Inflation Battle is Not Yet Over | Q1 2023
The recent interest rate hikes indicate that central banks are prioritizing the reduction of inflation, which they see as a bigger threat to growth than bank turmoil.
Continue readingSARB Surprised the Market With Bigger Rate Hike Than Forecast
The SARB Monetary Policy Committee (MPC) decided to hike the repo rate by 50bps, more than the forecasted consensus of 25bps. Here’s what the industry is saying…
Continue readingTax-free Savings Accounts (TFSA): How to Select the Most Appropriate Investment Portfolio
A TSFA is completely tax free: It reduces your taxable income while you invest and, when you withdraw, you receive the full investment back – here’s what you need to know.
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