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It’s becoming clear that SA has a political crisis within Government. Cyril has been reduced to a spectator while his detractors run rings around him. Throw into the mix a public health & economic crisis and SA really needs to start asking questions about where we are headed.
If Cyril lets this nonsense fly, we'll know for certain that he's not in charge
Lockdown: Dlamini-Zuma pushes for tobacco, alcohol ban to continue until Level 1 | @QaanitahHunter ow.ly/5xu150zNv6h
Absolute claptrap...
WATCH: President @CyrilRamaphosa says there was consultation on the tobacco ban. @News24 #Covid_19 #Level4Lockdown (@kaveels)
We stand to lose between 3 and 7 million jobs yet NDZ’s priority is to stop us smoking, Bheki Cele’s is to stop us drinking, Ebrahim Patel’s is to stop e-commerce, Kubayi-Ngubane’s is to ensure that white businesses don’t get any aid and Cyril is on the phone calling up despots.
I hope Cyril speaks to us tonight. Everything just feels messy. The back to school uncertainty, the cigarettes u-turn, the strange curfew with no explanation, the 3 hour exercise window, the fact that we can’t buy books? Nothing makes sense and I want to hear from @CyrilRamaphosa
I’m not a smoker and don’t promote it. But what I do know is that people who smoke continue to get their supply and the tax-man is getting none of the proceeds. Our Govt. clearly doesn’t need the money.
I know somebody who is going to be smiling all the way to the bank after his favourite minister shut down the legal tobacco sales tonight 💵
1stTweet wishing Covid19 takes out white people! 2nd tweet the same individual is looking for a job! So to all future employers, always ask candidates what their social media accounts are & check out what they are saying! It is an honest representation of who you are hiring!!
So why the rush to buy
MNUCHIN WE ARE KEEPING MARKET OPEN POSSIBLY SHORTEN HOURS BANKS OPEN STOCKS OPEN SHUT THE F*CK UP CNBC HACKS
YOU ARE A MONSTER. PLEASE REFRAIN FROM TWITTER WE ARE IN A CRISIS. LET THE GOVERNORS LEAD. YOU ARE A JOKE AND ONLY CARE ABOUT YOURSELF, GOLF & STOCK MARKET. #coronavirus WHERE ARE THE TESTS?
Failing Michigan Governor must work harder and be much more proactive. We are pushing her to get the job done. I stand with Michigan!
The Fed is pouring gasoline into a car that doesn't have wheels.
My Job: let clients know when it’s safe. It’s not! I was only long (no shorts) until Tues Feb 18th when I tweeted “feels like market is gonna break.” It broke. Did I know how badly? No. But then I did + warned last Mon this is a “Financial Crisis not Correction.” And It Is
Samantha, what will make you happy enough to stop adding fuel to the fear fire and instead reinvigorate people with hope? Do you want to see $SPX 0? If so, what will you do then? Buy? This is not a troll question. I'm honestly interested.
Oops! The world’s remains on a de facto dollar standard; in particular that three-quarters of crossborder, cross-currency funding is denominated in USD. In nominal terms, the size of the global dollar short is $12tn, equivalent to around 60% of US GDP, JPM says.
I say again. Italy is the true face of this disease. The Chinese lied to us all from day one. The figures they gave out bears no resemblance to the truth whatsoever. Everyone that reported true numbers, vanished. #coronavirus #COVID19
To put things into perspective. The most horrible week for the Dow since the GFC in 2008 is hardly visible on the long-term chart.
The last 5 years, the ZAR has strengthened tremendously against the REAL (by 21%!), even though Brazil has turned around their economy while ours is worsening rapidly. Probably means ZAR is overvalued.
USDZAR fair value below 14 - driven by declining inflation differentials, and declining CDS spreads. if we had the same spread as Brazil the ZAR would be at 12.20.#investing,#trading,#afrifocus
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