MAMOKETE LIJANE: The market tea leaves seem to be brewing up good news

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa Headlines News

Forecasts are often wrong, but sometimes you just have to stick your neck out

In an opinion piece published in this newspaper, Sasfin Securities strategist David Shapiro made the point that financial markets exist to make a mockery out of forecasters, and that if you want to trash your reputation in this market, make a forecast ”, May 7).

As a long-time reader of financial market “tea leaves”, I am sad to say he is not wrong. In this business you are almost always wrong. I have found it more fruitful to try to discern how the moving parts relate with one another than to predict where they will eventually go...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Suspended eThekwini city manager, Sipho Nzuza, recovering after assault with a hot ironSuspended eThekwini Municipality manager Sipho Nzuza is currently recovering in hospital, after an alleged attack by hitmen that left him with burn wounds from a hot iron. DailyNewsSA DailyNewsSA Seriously only now your’ll know this 🤣😂🤦🏽‍♂️ DailyNewsSA So he doesn’t want to open a case 🤣🤣🤣 DailyNewsSA Ayekele abafazi babantu naye 🤦‍♂️
Source: IOL - 🏆 46. / 51 Read more »

JONATHAN COOK: Working together to scale up firms will help Africa boost jobsEmphasis on start-ups in Africa must be complemented by assistance from governments to make them competitive
Source: BDliveSA - 🏆 12. / 63 Read more »

JONATHAN COOK: Working together to scale up firms will help Africa boost jobsEmphasis on start-ups in Africa must be complemented by assistance from governments to make them competitive
Source: BDliveSA - 🏆 12. / 63 Read more »

Public sector wage talks continueThe Public Servants Association says it hopes the employer will negotiate in good faith. Public sector workers wanting more money in order to continue doing nothing. Never depend on a single Income Make R15000 weekly All by working from home Without sending money to me or anyone No captcha No limitation ASK me how +13477145148
Source: eNCA - 🏆 49. / 51 Read more »