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Weekly Market Recap Jul 16, 2017

Market bulls continue to make anyone even moderately cautious (hand raised) look a fool. A technical breakout mid week on the indexes took the market out of a sleepy range that was looking a bit dangerous. Monday and Tuesday were the normal sleepiness we’ve come to expect from this slow and steady grind up of..
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A Bottle Of Petrol And The Death Of Hope in ANC’s anti-white abomiNation – Destitute White Woman Sets Herself on Fire!

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How the economic crunch tipped one desperate white South African towards a horrific decision: Hours after yet another desperate and fruitless job search, 53-year-old Susan van Rooyen stood on the pavement on Union Road, Randgate, poured petrol over her head, rubbed it into her skin and set herself alight But while the horror of Van..
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Weekly Market Recap Jul 09, 2017

Some more volatility hit late this past week but any pullback of note (Thursday) still has bulls rushing in (Friday). Modest moves Monday and Wednesday sandwiched the holiday on Tuesday. The “rotation out of tech” continued most of this week: “The rotation out of tech is dominating stocks and is the overarching theme in the..
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Moses Kgosana, Unrepentant Gupta Tax Dodge ‘Lapdog’ Shoots The Messenger As He Feels The Heat – WATCH!

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EDINBURGH — Expect to hear a lot more about Moses Kgosana, the KPMG heavyweight linked to the Gupta tax dodge that facilitated a flow of R30m from taxpayers to cover an extravagant family wedding at Sun City. That wedding is the event that raised alarm bells that the Gupta family exerted extraordinary influence at the highest levels of government..
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You whites will lose everything,’ Malema tells bankers

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Success is associated with whiteness, EFF leader Julius Malema said at a Rand Merchant Bank event yesterday. If white people can’t see this, and if they don’t help to solve the country’s problems, they will end up “with nothing”, he added. Malema, who was accompanied by EFF deputy president Floyd Shivambu, told the delegates that..
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Black-owned And Led Institutions Have A Legacy of Corruption – EFF

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The Economic Freedom Fighters (EFF) says black-owned and led institutions in South Africa are known for their legacy of nepotism, corruption and kleptocracy. EFF made the assertion while it was celebrating the VSB Mutual Bank decision to shut the Gupta’s business accounts. Earlier this month, it emerged that the VSB Mutual Bank closed the accounts..
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Weekly Market Recap Jul 02, 2017

Some volatility was reintroduced to the market this past week as <0.80% moves on the S&P 500 (and even larger moves on the NASDAQ) happened Tue, Wed, and Thu. This is certainly a welcome change from a trading (and writing perspective) from the relatively monotone move upward almost all of 2017! Losses Tuesday accelerated after..
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Five Star Capitec Rated By Lafferty As Best Bank In The World – Again

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LONDON — For the second successive year, South African banks have been rated the very best in the world in the annual Global Bank Quality Benchmark compiled by the Lafferty Group. The analysis, which assesses factors like management and strategy alongside the normal balance sheet data, rates Capitec the only five star bank on earth, with Absa..
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Threat To South African Democracy Runs Deeper Than State Capture – Sociologist

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CAPE TOWN — We’ve got it mostly wrong, argues Benjamin H Bradlow, a sociologist from Brown University, who has made South Africa his pet project. That’s because all local political parties and social movements believe – like the Zuptoid ruling cadre – that State institutions must be captured for state action to achieve a desired goal. It’s..
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Weekly Market Recap Jun 25, 2017

Relatively large moves Monday (up) and Tuesday (down) were followed by the small volatility the rest of the week that has marked almost all of 2017. The NASDAQ jumped 1.4% Monday, the largest gain since Nov 7th as the relatively moderate selling the prior week was offset. “Tech got beat up unfavorably over the past..
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