Market update

Markets are kind to us. We saw 12 months return of 18% last month. This places us in a different playing field. Even those of you under pressure to take 17.5% of capital nearly broke even. Lucky you, that are not under this pressure. Our investments are doing well!

The fund manager we met with on Thursday last, was quite positive in saying that the current growth may still last a while. Let’s carefully, enjoy the good times.

Globally the news keeps on getting better. Following the 30% Trade agreement the RSA exporters opened new markets for many of our goods like oranges and the like. Our harbors were not in a good state but with big capital injections some keys are operational again. Good news is constantly told.

President Trump does not have an easy time. USA foreign investors sold trillions of dollars of USA Bonds since he was elected. This made the Bonds more expensive.

The current rate is well above 4%. The USA Bond comfort rate is around 3%. This has a very negative influence on the massive USA debt.

In summary, the investment portfolios we use are in constant scrutiny in the hands of the portfolio managers.

Be safe and enjoy Spring!