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The Weekly Focus - STANLIB

Focus The Weekly A Market and Economic Update 5 February 2018 Contents Newsflash ..3 Market Comment .. 3 Other Commentators .. 5 Economic Update ..7 Rates .. 12 STANLIB Money Market 12 STANLIB Enhanced Yield Fund .. 12 STANLIB Income Fund .. 12 STANLIB Extra Income Fund .. 12 STANLIB Flexible Income Fund .. 12 STANLIB Multi-Manager Absolute Income Fund .. 12 Newsflash It appears that a global stock market correction may have begun. It is way overdue. It should present another buying opportunity. Market Comment OFFSHORE MARKETS As is usual, the US stock market may have started a global correction, the first correction since the MSCI World global index fell by from August to November 2016.

BCA calculates fair value for the 10-year yield at 3% currently and they think the yield will likely peak at 3-3.25% in this cycle as inflation returns to the Fed’s 2% target.

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