SARB & Treasury Fight Over Inflation | Which MPs Hold Crypto?

from WorldWide Markets with Simon Brown · host www.JustOneLap.com

🎙️ Worldwide Markets – Episode 642 📅 Recorded: Tuesday, 5 August 💼 Host: Simon Brown 🌍 Powered by Standard Bank Shyft – The global money app for travel, shopping, payments & investing. 🔮 Market Highlights 📈 Purple Group* rocks 🚀 Share price has more than doubled since April lows. 🧾 PE at 56, but strong growth potential and product expansion. 💼 Simon holds the stock — bought low, holding for the long term. 🏦 MPC shifts inflation target 🎯 🔽 New anchor at 3%, down from 4.5%. ⚠️ Finance Minister pushes back — governance concerns. 💸 Lower inflation = lower raises = better expectations management. 🧨 Flip side: high real interest rates hurt growth & jobs. 🚗 Vehicle sales boom 📊 July sales >51,000 units — highest since 2019! 🛻 Light commercial vehicles dominate, Mahindra sneaks into Top 10. 💰 CMH* shines with low PE and high dividend — Simon holds. 📉 Motus also cheap, but Simon prefers CMH. 🪙 Gold miners printing money ✨ AngloGold Ashanti*: 🚜 Production +21% 💰 Free cash flow +149% 📉 Net debt down 92% 💵 80c dividend 💹 Targeting R1,000/share — already at R972! ✨ Gold Fields also up ~150% YoY on earnings. 🧾 US Bureau of Labor Statistics drama 🇺🇸 🔥 Trump fires BLS head after unfavourable jobs data. ❗ Undermines trust in data — risks U.S. credibility. 🌎 Bad precedent: Greece, Argentina, China have all suffered from politicised stats. 🍊 Tariffs impact SA agriculture 🇺🇸 U.S. tariffs on citrus & grapes kick in Thursday. 📉 Sector exposure: ~10% — not massive but not zero. 👨‍🌾 Some farmers and related stocks (e.g. Mpact) will take a hit. 🧠 Random Insights 🪙 Crypto in Parliament? 🇿🇦 Of 490 South African parliamentarians… only 2 declared owning crypto. 🤷‍♂️ No surprise crypto isn't getting policy attention. Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order

What this episode covers

🎙️ Worldwide Markets – Episode 642 📅 Recorded: Tuesday, 5 August 💼 Host: Simon Brown 🌍 Powered by Standard Bank Shyft – The global money app for travel, shopping, payments & investing. 🔮 Market Highlights 📈 Purple Group* rocks 🚀 Share price has more than doubled since April lows. 🧾 PE at 56, but strong growth potential and product expansion. 💼 Simon holds the stock — bought low, holding for the long term. 🏦 MPC shifts inflation target 🎯 🔽 New anchor at 3%, down from 4.5%. ⚠️ Finance Minister pushes back — governance concerns. 💸 Lower inflation = lower raises = better expectations management. 🧨 Flip side: high real interest rates hurt growth & jobs. 🚗 Vehicle sales boom 📊 July sales 51,000 units — highest since 2019! 🛻 Light commercial vehicles dominate, Mahindra sneaks into Top 10. 💰 CMH* shines with low PE and high dividend — Simon holds. 📉 Motus also cheap, but Simon prefers CMH. 🪙 Gold miners printing money ✨ AngloGold Ashanti*: 🚜 Production +21% 💰 Free cash flow +149% 📉 Net debt down 92% 💵 80c dividend 💹 Targeting R1,000/share — already at R972! ✨ Gold Fields also up ~150% YoY on earnings. 🧾 US Bureau of Labor Statistics drama 🇺🇸 🔥 Trump fires BLS head after unfavourable jobs data. ❗ Undermines trust in data — risks U.S. credibility. 🌎 Bad precedent: Greece, Argentina, China have all suffered from politicised stats. 🍊 Tariffs impact SA agriculture 🇺🇸 U.S. tariffs on citrus & grapes kick in Thursday. 📉 Sector exposure: ~10% — not massive but not zero. 👨‍🌾 Some farmers and related stocks (e.g. Mpact) will take a hit. 🧠 Random Insights 🪙 Crypto in Parliament? 🇿🇦 Of 490 South African parliamentarians… only 2 declared owning crypto. 🤷‍♂️ No surprise crypto isn't getting policy attention. Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order