SA Budget Preview (FY 2017/18)

Published on 2017-02-22

Posted on 22 Feb 2017

By Gideon Pimstone

Fed thus far unfazed by promises of fiscal stimulus, prospects of higher inflation

Published on 2017-02-08

Posted on 8 Feb 2017

By Gideon Pimstone

SARB lifts near-term inflation forecast, but sees diminished risks to rand

Published on 2017-01-31

Posted on 31 Jan 2017

By Gideon Pimstone

S&P investment grade affirmation no excuse to rest on our laurels

Published on 2016-12-08

Posted on 8 Dec 2016

By Gideon Pimstone

SARB holds onto more dovish convictions despite heightened policy uncertainty

Published on 2016-11-30

Posted on 30 Nov 2016

By Gideon Pimstone

US elections - economic policies and asset class responses

Published on 2016-11-08

Posted on 8 Nov 2016

By Gideon Pimstone

The US elections – process and outcomes

Published on 2016-11-02

Posted on 2 Nov 2016

By Gideon Pimstone

Gordhan makes the best of a very bad situation

Published on 2016-10-31

Posted on 31 Oct 2016

By Gideon Pimstone

The case for a Fed rate hike now

Published on 2016-10-14

Posted on 14 Oct 2016

By Gideon Pimstone

The SARB tones down the hawkish rhetoric

2016-09-25

Posted on 25 Sep 2016

By Gideon Pimstone

The underpinnings of the Fed’s “slow & low” policy approach

Published on 2016-09-02

Posted on 2 Sep 2016

By Gideon Pimstone

Unity in diversity - FOMC divided but plurality signals continued unreadiness to move

Published on 2016-08-19

Posted on 19 Aug 2016

By Gideon Pimstone

Local government elections could signal seismic shifts in South Africa’s political order

Published on 2016-08-02

Posted on 2 Aug 2016

By Gideon Pimstone

The Federal Reserve in a post-fact world

Published on 2016-07-29

Posted on 29 Jul 2016

By Gideon Pimstone

The SARB finds a cloud behind every silver lining

Published on 2016-07-25

Posted on 25 Jul 2016

By Gideon Pimstone

Why Brexit could be good for the South African economy

Published on 2016-07-07

Posted on 7 Jul 2016

By Gideon Pimstone

Brexit is now a reality

Published on 2016-06-24

Posted on 24 Jun 2016

By Gideon Pimstone

What a Brexit and Bremain vote mean for markets

Published on 2016-06-22

Posted on 22 Jun 2016

By Gideon Pimstone

Fed adopts even more dovish posture over the longer term despite heightened outlook uncertainties

Published on 2016-06-20

Posted on 20 Jun 2016

By Gideon Pimstone

The most recent developments in Fed policy – a preview of the FOMC meeting June 14-15

Published on 2016-06-10

Posted on 10 Jun 2016

By Gideon Pimstone

The SARB stays pat even as near-term inflation outlook deteriorates

Published on 2016-05-24

Posted on 24 May 2016

By Gideon Pimstone

Moody’s rating confirmation no reason for complacency

Published on 2016-05-16

Posted on 16 May 2016

By Gideon Pimstone

The Bank of Japan steals the Federal Reserve’s thunder

The Federal Open Market Committee of the US Federal Reserve released its policy statement Wednesday following a two-day meeting. Fed watchers were in agreement that no rate hike would be announced, but there was substantial interest in the wording of the text to discern whether the Fed was beginning to prep markets for a rate hike say at the June 14-15 meeting or perhaps even later at the September 20-21 meeting or even in December.

Posted on 6 May 2016

By Gideon Pimstone

Consumer and business confidence and the Zuma presidency

In this short piece we examine the levels of consumer confidence since 1985 as well as taking a more focused look at the period 2000-2015.

Posted on 26 Apr 2016

By Gideon Pimstone

The connectivity of South African macro-economic data and the role of politics since 2000

We commence with three charts indicating in turn South African CPI inflation since 2000, then the ZARUSD exchange rate from that date and finally the price of Brent also from 2000. We look at the interconnectivity of the data and try and identify the influence of successive ANC governments and key political actors on this data during this period.

Posted on 22 Apr 2016

By Gideon Pimstone