Last week, Statistics South Africa (Stats SA) reported on South Africa’s (SA’s) second quarter gross domestic product (GDP). We were glad to see that GDP growth came in better than expected. Consensus believed that growth in the second quarter would be somewhere around 0.9%, when measured against the previous quarter, but was, in fact, 1.2%.
About Christine van Graan
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Meanwhile lets just say that we are proud Christine van Graan contributed a whooping 18 entries.
Entries by Christine van Graan
More and more data from major economies in the Northern Hemisphere is showing that economic recoveries have started to lose steam. This is evident from both survey and
hard-activity data that were released during the Northern Hemisphere’s summer break.
Netwerk 24: Sakesiening Ons moet nou maar daarmee vrede maak: Ons geldeenheid, die rand, is besonder wisselvallig soos wat ons weer die afgelope week of twee gesien het. Dit skep baie probleme, insluitende vir die Reserwebank, wat altyd ’n ogie oor die wisselkoers van die rand hou – al ontken hulle dit. Maar ’n […]
Markets in the United States (US) continued to reach new all-time highs in August. In fact, US equity valuations are now nearly as high as they were just before the dot-com meltdown.
During the past week or so, there has been considerable talk about South Africa’s (SA’s) fiscal multiplier, a ratio that illustrates by how much output rises for each level of government spending.
The United States’ (US) second-quarter gross domestic product (GDP) growth was disappointing, coming in at 6.5% instead of the expected 8.5%. However, the US has in fact now recovered from its largest peak-to-trough fall in output on record.
In a recent newsletter, I briefly mentioned our concern around regulatory uncertainty in China. In July, however, this became one of our main themes after the MSCI China, a broad index that tracks the Chinese equity market, fell by 18.8%.
In the United States (US), inflation, once again, surprised to the upside. Compared to June 2020, headline inflation increased to 5.4% in June 2021, up from May’s 5.0%.
How you interpret the world around you and, subsequently, forecast what may be, is based on your worldview.
The Organization of the Petroleum Exporting Countries (OPEC), together with their new ally, Russia, have, once again, been unable to reach an agreement about global oil supply.
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