The good news is that we can all improve our decision-making when we understand the mostly unconscious thought processes that lead us to make poor choices. One of the most common mistakes we see, even among well-informed and sophisticated investors, is the pursuit of quick wins and the aversion of short-term losses rather than adhering…
Details
There is heightened concern around the world this week, again, regarding a global trade war and the potential impact it could have on economic growth. The net effect of Trump’s policies, should they last, and the universal retaliation will be negative, with no real winners.
The biggest news story from this week has been Trump’s flip-flop on his “zero tolerance” policy regarding children being separated from their parents at the US border and then having them held in detention centres. After a massive public outcry, as well as the apparent influence from his wife and daughter, Trump has signed an…
Details
Internationally this was a momentous week. Donald Trump removed America’s support from the G-7 Summit Statement, creating tension with some of America’s most powerful allies. Trump also met with Kim Jong-un, the first time an American President has met with a leader from the Hermit Kingdom.
This week left most South African’s shocked as the GDP results for the first quarter of this year shrank unexpectedly by 2.2%. This was due to a multitude of factors, partly because of the falloff in the resource sector. Additionally, it has influenced the relatively volatile week, as the rand weakened, hitting R13.25 to the…
Details