Transcription of The Weekly Focus - stanlib.com
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The Weekly Focus - stanlib.com
Focus The Weekly A Market and Economic Update 12 March 2018 Contents Newsflash ..3 Market Comment .. 3 Other Commentators .. 4 Economic Update ..6 Rates ..8 STANLIB Money Market 8 STANLIB Enhanced Yield Fund .. 8 STANLIB Income Fund .. 8 STANLIB Extra Income Fund .. 8 STANLIB Flexible Income Fund .. 8 STANLIB Multi-Manager Absolute Income Fund .. 8 Newsflash The mighty bull market is now in its tenth year! Market Comment OFFSHORE MARKETS The mighty bull market turned 9 on Friday, 9 March, meaning it has now entered its tenth year! It is apparently the second longest in history. At this stage there is no apparent reason for it to end. Global growth remains good, while inflation remains muted - and therefore interest rates remain very low.
Garza raised her S&P 500 Index earnings forecast to 156 from 152 for 2018, thereby placing a fair value for the index at 2,808 (using an 18x fair PE ratio).
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