Markets are spooked (#478)

Simon Shares PGMs are on the move, most notably palladium and rhodium. Oil also still moving, remember the ETN for that. Cashbuild (JSE code: CSB) update shows the pandemic home improvement boom is over. ArcelorMittal South Africa (JSE code: ACL) update sees them into profit and on a PE of under 2x. Steinhoff (JSE code: SNH) settlement approved, but still lots of debt. Markets are spooked Lots to be spooked by; FOMC, it's all happening in March Asset purchases are also to end in March, but what of the US$9trillion of bonds the Fed holds? Valuations are high. Rates are rising. Inflation is at decade highs. Value winning over growth for the first time in an age. Upcoming events; 09 February ~ Wealth Creation through Trading and Investing with ThinkMarkets