Interest rates are falling, and the rand is loving it. Equities and bonds are enjoying the party, too. It’s a great season.
With Christmas around the corner, consumer spending will tick up nicely. The ratings agencies are clapping, too. This beautiful picture is the opposite of what could have happened after the May 29 elections, as South Africa negotiated a forked road. There was the option of going left or right, whatever a coalition with the EFF and MK represents. ..
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