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2025 Local Outlook: Multiplication before addition

   As we head into 2025, South Africa’s political and economic landscape is providing...

2025 Global Outlook: Solid Gains Ahead as Earnings Take the Lead

Heading into 2025 we remain confident we will see another year of solid performance across global...

Wood for the Trees | November 2024

With the end of the year fast approaching it’s a good time to look back at what has proven to be a...

Wood for the Trees | September 2024 

Jerome Powell, and the US Fed finally gave us what we have been waiting for. The market felt some...

Wood for the Trees | August 2024

  August was the month where the U.S. Fed’s trade-off of slowing aggregate demand in order to...

Wood for the Trees | July 2024

  This month’s Wood For The Trees will be short and punchy, given that we have recently sent...

2024 Global Mid-Year Update

Click here to access our Local Mid-Year UpdateAs we entered 2024, our outlook was focused on the...

2024 Local Mid-Year Update

Click here to access our Global Mid-Year Update  We started off the year looking forward to...

Wood for the Trees | May 2024

  The South African national elections took center stage in May and the outcomes that will...

SA Elections Uncharted Territory

What resulted came in far short of this with the ANC falling to 40.2% (from 57% in 2019), DA 21.8%...

BHP Bid for AGL – BHP Walks Away

Throughout the weeklong deadline extension, BHP worked extensively to address concerns AGL had...

BHP Bid for AGL – AGL Rejects Again but Leaves the Door Open

The Revised Proposal An all-share offer for Anglo American (AGL) by the BHP Group Preceded by...

BHP Bid for AGL – Likelihood of Deal Reduces

  The Revised Proposal An all-share offer for AGL by the BHP Group Preceded by separate...

Wood for the Trees | April 2024

  Global equity markets have been on a tear since October as investors reentered global stock...

BHP Makes a Bid for Anglo American

The Proposal An all-share offer for Anglo American (AGL) by the BHP Group Preceded by separate...

Wood for the Trees | February 2024

  The US FED has been clear in its narrative, that it is only prepared to cut rates once they...

2024 Local Market Outlook

The all-encompassing theme behind the outlook for world markets in 2024 is the decreasing interest...

2024 Global Market Outlook

2024 is set to be an interesting year as central banks shift gear and move into the next stage of...

Wood for the Trees | November 2023

Christmas came early for global stock markets in November. All global indices finished the month...

Wood for the Trees | 13 November 2023

Global equity indices saw declines for the third month in a row. The S&P 500 declined 2.2% in...

Wood for the Trees | September 2023

As we are all aware, trees don’t grow to the sky and markets don’t go up in a straight line. If...

Aspen Pharmacare Patience is the Active Ingredient

The once darling of the stock market has had its fair share of challenges. Some originating from...

Wood for the trees | August 2023

“We are navigating by the stars under cloudy skies”The markets seemed to decompress in August as...

SA Outlook 2023 – Mid-Year Review

If we look back on the year so far, the market has faced a number of obstacles from regional bank...

2023 Global Mid-Year Update

If we look back on the year so far, the market has faced a number of obstacles from regional bank...

Wood for the Trees | May 2023

At home, it seems we can’t stop scoring own goals, adding to the list of load shedding, inflation,...

Markets in a Minute | 17 March 2025

Markets in a Minute | 10 March 2025

Markets in a Minute | 3 March 2025

Markets in a Minute | 24 February 2025

Markets in a Minute | 17 February 2025

Markets in a Minute | 10 February 2025

Markets in a Minute | 3 February 2025

Markets in a Minute | 27 January 2025

Wood for the Trees

Our monthly market musings, in which the team reviews both Global and Local market performance.

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