Jsedirect With Simon Brown

Simon Shares AdvTech* (JSE code: ADH) solid results in a tough market. Vivo Energy (JSE code: VVO) issued an update on Moroccan industry review and seems it's back to square one. Resilient (JSE code: RES) results not the horror show expected. Aveng (JSE code: AEG) wants to do another rights issue, again at 1.5c and raise R100m. Tencent solid results. Ever Given gets stuck in the Suez Canal. February local CPI at 2.9%. * I hold ungeared positions. Upcoming events; 15 April ~ Everything ETFs and tax-free investing Subscribe to our feed here Subscribe or review us in iTunes Why all the panic? A small rise in US ten-year treasury yields and a little inflation and suddenly it is the end fo the world for markets. Inflation is likely to move higher in the US as the stimulus money gets spent. This is different from the stimulus after 2008/9, which went to banks who hoarded it and stuck it into markets. This time money goes directly to consumers who'll send the money. But the Federal Reserve is happy that stru