debt Archives - The Running Commentary

Balancing the books….

With the petrol price coming down this month, put the addition R80.00 you will generate into your bond!

On my run this morning, I was taking in some of the recent months events, the global financial crises coupled with the issues that we are facing in South Africa (upcoming elections dodgy political decisions) and with our neighbour Zimbabwe. I was starting to get a little depressed thinking “what are we in for in the coming…

Well I got this wrong!!

Well I got this one wrong! No interest rate hike! I must say though, in mitigation of my previous post, the fact that oil prices have come down to the levels that they have would not have been predicted by even the most optimistic financier.The effect that this will have on food inflation means that…

The growth in debt…..

The percentage of adults in South Africa with a retail store card increased from 13.5% in 2004 to 16.2% in 2007 (AMPS trends)This stat may give us some indication why we are in the state that we are in terms of the global credit crunch. Some quick research indicated that there were around 10 million…

Bumpier Still !!

The extract below was taken from the Business Report and gives some worrying but very really concerns for home-owners out there (with bonds). “Standard Bank’s median house price last month dropped by 11.3 percent year on year to R550 000 from R620 000 in June last year, increasing the possibility that some homeowners owe more…

Hawkish Tito

On the 11th of April this year I put together a post around the interest rate outlook. In the post (made one day after the latest interest rate hike) I noted that based on the countries historical reaction to the interest rate hikes I anticipated a further two hikes, each of 50 basis points. Looking…

Balancing the books….

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“Reset” has been pressed…

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Well I got this wrong!!

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The growth in debt…..

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Bumpier Still !!

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Hawkish Tito

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