South Africa: The Forecast Factory - Bull Market Ignores Interest Rate Hike

Johannesburg — ALREADY discounted, and not as severe as it could have been, the rate rise was a market non-event.

The bull trend that the JSE overall index has been in operation since mid-2003 -- broken only on a couple of occasions after which it soon made up its losses -- may flatten off as SA's "silly season" takes over.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.