Another monetary policy committee meeting, another interest rate hike. The prime rate is now 11.75%, more than the average return delivered by the JSE over the past five years even on a total return basis .
Before you fetch the pitchforks and torches, I’m well aware that I just took a spot interest rate and compared it with an average return in a different asset class over a period of time. I’m not for a second suggesting that the average return over the past five years would’ve been better in a notice deposit than on the JSE, as interest rates weren’t high enough over the period in question...
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: