Loonie Tumbles As Canadian Retail Sales Crashed In December

Posted on

But, but, but… it was Christmas!! Canadian retail sales have come out and they are shockingly low – even after bad weather and higher rates on big ticket items had kept surveys particularly low for December. The headline print was -0.8% MoM (expectations were for no change) Worse still, sales ex autos plunged 1.8% MoM […]

Trump: "I Never Said Give Teachers Guns"

Posted on

Left-wing media exploded with fury Wednesday afternoon following reports that, during a meeting with survivors of last week’s school shooting in Parkland, Fla., President Trump had suggested that the most effective method of preventing school shootings would be arming teachers. “If you had a teacher who was adept at firearms, they could very well end […]

[Blank] Hasn’t Been This Cheap Since 2002…

Posted on

This post [Blank] Hasn’t Been This Cheap Since 2002… appeared first on Daily Reckoning. Asian stocks have not been this cheap since the Asian Financial Crisis of 1997… Which is a little strange because there is nothing in the economies of Asia today that even compares to the last crisis. In fact, right now the […]

So far, so good: SA bonds best performers among top emerging markets in 2018

Posted on

By Colleen Goko, Neo Khanyile and Paul Wallace (Bloomberg) — There’s still time to get into the year’s best bond trade. That’s provided South Africa’s central bank lives up to market expectations and cuts interest rates, according to Morgan Stanley. The government’s rand debt has already made investors a total return of 13.9 percent in dollars […]

Froneman warns Lonmin deal is off should it fail cost out targets

Posted on

NEAL Froneman warned Ben Magara’s Lonmin that failing to deliver on the platinum firm’s restructuring plans would see the withdrawal of Sibanye-Stillwater’s R5.1bn all share offer, the company of which he is CEO. “There’s a huge onus on [Lonmin] management not to get themselves in a black hole because we cannot ask our shareholders to […]

Here’s what the analysts said on #Budget2018 – a mixed bag

Posted on

JOHANNESBURG — Analysts have provided differing views on Finance Minister Malusi Gigaba’s Budget Speech on Wednesday. On the whole, many experts have welcomed government’s tough choices on VAT and other cost-cutting measures. However, concerns exist about where the growth will come from. Ultimately, it’s economic growth that will help solve many of the country’s woes, […]

Russia-Gate Ends with a Bang, Not a Whimper

Posted on

“By trying to protect the FBI, they throw more dirt on its coffin.” With all the column inches spilled over Robert Mueller’s thirteen indictments issued on Friday very few of them have touched on the real revelation. It’s not the obvious case of prosecutorial over-reach.  It isn’t the further subversion of the grand jury process […]

Canada the world's top mining destination, despite Saskatchewan fall

Posted on

Canada is the world’s most attractive region for mining investment, based on the combined rankings of all its provinces and territories, the latest annual global survey of mining executives released Thursday by the Fraser Institute shows. While the Maple Leaf country overtook Australia as regional destination number one, many of its provinces and territories did not fair well […]

Exposing The UK's Hidden Role In Julian Assange's Detention

Posted on

Authored by Jonathan Cook via The Strategic Culture Foundation, Behind the scenes, Sweden wanted to drop the extradition case against Assange back in 2013. Why was this not made public? Because Britain persuaded Sweden to pretend that they still wished to pursue the case. In other words, for more than four years Assange has been holed up […]

Another Former Trump Adviser To Meet Mueller Today

Posted on

One of President Trump’s earliest campaign staffers who was fired in August 2015 is expected to meet with Special Counsel Robert Mueller’s team in Washington DC on Thursday, according to ABC News. Sam Nunberg, who was fired over racially charged Facebook posts and later sued by Trump for $10 million over a breach of confidentiality agreement, will be accompanied […]

Daily Solutions – 22 February 2018

Posted on

JOHANNESBURG – The JSE closed higher on Wednesday, as markets reacted favourably to the government’s promise to protect the integrity of public finances. Despite a generally stronger greenback, the rand gained on news that inflation decelerated in January, while the government announced that it would steadily reduce the budget deficit over the next three years. […]

Max Hill: The Queen's Counsel For Political Correctness

Posted on

Authored by A.Z.Mohamed via The Gatestone Institute, Britain’s terrorism watchdog, Max Hill QC (Queen’s Counsel), recently told a parliamentary committee that it is “fundamentally wrong to attach the word ‘terrorism’ to any of the world religions,” and suggested that the term “Daesh-inspired terrorism” should be used instead of “Islamist terrorism” to refer to attacks carried […]