by alex@integrityam.co.za | May 3, 2024 | News
What the conflict between Iran and Israel means for oil On the 13th of April, Iran attacked Israel with a barrage of drones and missiles. Israel and its allies intercepted 99% of the projectiles. Less than one-week later Israel responded, firing several air-launched...
by alex@integrityam.co.za | Apr 4, 2024 | News
For the first time in 17 years Japan raises rates In 1991, the Bank of Japan (“BoJ”) started cutting interest rates in response to falling asset prices. They continued to do so until 1999. In the 25 years since then, Japan has maintained their near-zero interest...
by alex@integrityam.co.za | Mar 5, 2024 | News
An economy is much like a glass of water With the US economy expanding 2.5% in 2023 and the S&P 500 rising over 24%, many market participants believe that a recession is a distant and unlikely event. As year-on-year inflation measures continue to recede, a soft...
by alex@integrityam.co.za | Feb 6, 2024 | News
Two reasons the consensus view may be wrong We recognise that a soft-landing of the US economy has now become the consensus view among investors. However, we do not believe that the US Federal Reserve (“Fed”) will ease monetary policy to the extent that many investors...
by alex@integrityam.co.za | Jan 11, 2024 | News
2024 Outlook Before we unpack our outlook for 2024, we would like to take a moment to welcome our investors and readers back from what we hope was a restful time spent with family and friends. The final month of 2023 saw the S&P 500 rally a further 4.42%. This as...