Jsedirect With Simon Brown

Episode Overview: In this episode, Simon Brown dives into the current economic landscape with a focus on interest rates, inflation, and the state of the South African Rand (ZAR). He also explores asset-light businesses and why they make great investments, followed by a breakdown of the latest market activity and local company results. Rate Cuts & Inflation Outlook: South African CPI (August): 4.4%. A possible drop to 3.5% in October discussed with Johan Els, Chief Economist at Old Mutual. The need for rate cuts to stimulate the economy, with experts debating between 0.25% and 0.5% cuts. Fed decision and its potential market impact. SA Prime and CPI September 2024 ZAR Strength & Market Trends: Rand showing strength, potentially reaching sub-17 levels. Global market highs: S&P 500, NASDAQ, and JSE Top 40. Consumer confidence in the US and South Africa rising but still negative. Platinum Group Metals (PGMs) & Palladium: A strong bounce in PGM stocks, driven by oversold positions and palladi