My Chat to Investment Analyst re: US Economy Vs SA Economy & long term Rand/$ rate

(008274.77-E001840.93NAVRLOSUC20V)   


Jan‘s Advertisement
Would you like to Advertise on my Websites?
If you would like to advertise on my two websites? Feel free to leave me a message at the link.


I was checking with an investment analyst whom I know and trust here in SA regarding the long term effects of the COVID lockdown as well as the long term status of the Rand Vs the US Dollar.

The feedback is interesting. I had been told, about 2 years ago, that the long term trend for the Rand is an average fall of 4% or 4.5% per annum against the US Dollar. So I wanted to check to see if this pace has picked up due to the COVID lockdown. Interestingly the analyst does not think the long term COVID lockdown will have any effect and that the economy will bounce back. Interestingly, the analyst confirms my suspicions that the US economy is constantly growing faster than the South African economy.

This was the reply:

There are no specific Covid-19 effects as the rand will still react primarily to underlying fundamentals and interest and inflation rates. Since our economic growth is lower than the US and our interest and inflation rates are still higher, the long term trend is still in place. (Events like Covid-19 tend to have a short / medium term effect only.


Jan‘s Advertisement
Video & Audio: TOP SECRET: WW2s Biggest Tank Battle they never talk about
This was one of my 3 viral videos on Youtube before they quickly killed it. The original video was made in 2016. Look in every history reference book for the biggest Tank Battle that was ever fought and youll find they talk about the Battle of Kursk (or the Kursk Campaign). Heres the greatest tank battle in all of history and the fantastic Wehrmacht won it with ease, even when they faced tanks so new and so advanced that they had never seen these types of tanks before and even when their shells just bounced off the Soviet armour!

%d bloggers like this:
Skip to toolbar