Is a Lower Inflation target a Bad Idea? Is Afrimat Offering Value?

🌍 This week on Worldwide Markets, Simon dives into a packed show covering inflation, earnings, property deals, and opportunities in local stocks. Powered by Standard Bank Global Markets and Shyft — your gateway to global investing. 🌐💸

📉 Inflation Target Cut – A Bad Idea? • SA may shift to a 3% inflation target 📊 • Risks of higher interest rates 😬 • Real rates already sky-high 🚀

💵 Weaker US Dollar & Tech Gains • Trump’s weaker dollar policy in motion 🇺🇸📉 • MAG7 & Nasdaq benefit: 49%+ offshore revenue 🖥️🌐 • S&P 500 and Russell 2000 lag

🏢 Sibanye-Stillwater* Diversifies • Buys US recycling business ♻️ • Adds silver, copper, and skills 🪙🔧 • Expands beyond PGMs and gold

🪙 Voltara & PGMs Running Hot • Valterra Platinum update reflects flood damage & weak past PGM prices 🌊 • But platinum & palladium now breaking resistance levels 📈🔥

🏬 Hyprop’s Bid for MAS PLC • Cash or shares deal (R24 or Hyprop stock) 💰 • Hyprop focuses on Western Cape & Eastern Europe 🏖️🌍 • Deal may not be in MAS shareholders’ best interest ❓

🪨 Afrimat: Value at R45? • Price on long-term support line 📉🧱 • Concerns: iron ore, Lafarge deal, site near Mozambique 🇲🇿 • Van Heerden’s track record solid 💼💪 • Forward PE ~11, below decade mean 🔍

🧪 New ETF Database (Beta) • Search by issuer, classification, TER & more 🔍📊 • Explore at justonelap.com/etfdatabase 🧱📂 • Feedback welcome!

📜 SA Budget Drama • Multi-party politics = budget complexity 🧠 • Education budget almost derailed ❗

Simon Brown

* I hold ungeared positions.

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