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14 Feb : Inflation and ZAR

Get a Clear Picture of the Financial Markets with Clarity’s Humming Post

With the Rand breaching R18.00 to the USD, import inflation will become a more persistent problem in South Africa. While we are not in a recession, banks should be a good place to hide and a softer USDZAR will always be good for our exporting businesses which include Resources, Agri and Tourism.

Below the FTSE/JSE Resi index representing the 10 largest resource stocks on the JSE. Access it via STXRES.

The Big picture:

Heard of ChatGPT? one of the most direct ways to play the AI theme while keeping the diversified revenue of a well established tech business is to invest in Microsoft (MSFT) after it purchased 50% of OpenAI the creator of ChatGPT.

Happy Valentine week, hope you ALSO get lucky in the markets this week.

Information correct at time of publishing. It is important to conduct thorough research and analysis using a combination of fundamental and technical analysis techniques to make informed trading decisions.

Additionally, consider your risk tolerance, investment objectives, and time horizon when assessing company performance for trading. This content is not meant as financial advice.