Hot stocks 2023: The year of investing dangerously

📆 12.01.2023 11:24:00
📰 FinancialMail

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After the horror show of 2022, investment analysts are generally wary of market prospects in the year ahead. With much still up in the air, defensive stocks may be the way to go.

There won’t be too many investors on the JSE emerging from the wreckage of 2022 with broad grins and bulging purses.

It was a year to forget. The spectre of high inflation and a lingering recession was already enough to give investors indigestion, but after Russian President Vladimir Putin’s invasion of Ukraine in February, and China’s brutal response to Covid flare-ups, markets became a minefield...

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The only problem is that stocks of defensive companies are not defensive at all.

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Manufacturing production decreased by 1.1 % in November: Stats SA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Manufacturing production decreased by 1.1 percent in November 2022, compared with November 2021 Ha ha, the direct result of the gross incompetence of the GovernmentZA familia. When you reporting on this, never try any analysis unless you don't understand that the 400 MW of power generation by ZESA is the devil. Without power, do not expect miracles.
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