The Running Commentary

We called this one – 100 basis points

So the couch economist has so far, in his relatively short career (12 months), called every move that SARB and the MPC in particular have made. Interesting was the commentary that said that Tito had arrived “guns blazing” for a 200 basis point cut in the rate. The positive side about this comment is that the…

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Mike • February 6, 2009

Well here we go 2009 and we are off!!

The first of hopefully many posts for 2009. Sorry for the long break, but I decided that I needed to take some time and reflect on what it is that I want to achieve out of my blogging activity for 2009.  The 2008 year was really good for me and this blog has helped me…

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Mike • January 6, 2009

OPEC you cannot change the law of Capitalism!!!

  Below an article ran yesterday which indicates the greed that Capitalism breeds. The worst possible thing that OPEC could do is drop the level of production, thereby creating a false pricing level.  The facts for this are based on two capitalistic fundamentals: Supply and Demand: If the demand is high the prices are free…

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Mike • December 19, 2008