Daily Market Blog: Save us Janet!

11-FEB-16

"As she says, inflation should remain low, the unemployment outlook in the US since July has improved. Obviously the Republicans want to make America great again, 13 million jobs added to the US economy since 2010 is not acceptable."




To market to market to buy a fat pig. Janet Yellen said this, so that happened. It must be that she holds the secret sauce to everything. You know that part in The Hitchhiker's Guide to the Galaxy where the answer "to life the universe and everything" is 42? Janet Yellen has the answer seemingly to everything, perhaps it really is 42. In the same way that apparently we are waiting for some direction in the state of the nation this evening. The answer to that is also 42. When Janet Yellen speaks, it is almost as if the little four year old Mr. Market has been handed their comfy blankey. Lean in a little, Janet Yellen will watch the data the same as all of us, the only difference is that unlike the ordinary market muggles that we are, she has the giant interest rate wand. We should rather refer to her as she who shouldn't be named.

Yesterday afternoon our time, the prepared remarks of Janet Yellen started filtering through, ahead of the Fed chair's Semiannual Monetary Policy Report to the Congress. You too can follow the link and read what she has to say to a bunch of politicians equally searching for answers. As she says, inflation should remain low, the unemployment outlook in the US since July has improved. Obviously the Republicans want to make America great again, 13 million jobs added to the US economy since 2010 is not acceptable to people who wear little animals on their head, that passes for hair. Sis, sorry, that is not nice. The New Hampshire primaries certainly show that the US is currently really polarised, left and right at extremes.

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Stocks which we currently recommend

Amazon.com is the world's leading online retailer.

Amgen is a biotech company focussed on blood and cancer therapies.

Apple is the global leader in tablet and smartphone technology.

Aspen is a rising global star in the pharmaceutical industry.

Brait owns fashion, retail and health club assets.

Bidvest is a diversified services company, which may re-organise its portfolio.

Cerner provides IT solutions in the healthcare industry.

Cisco is a global leader in routing and switching equipment.

City Lodge is a mid-priced hotel group in urban areas of Africa.

Curro is an independent education provider in South Africa.

Discovery is a technology-driven healthcare administrator and life insurer.

Facebook is the dominant global social media platform.

Famous Brands is SA's largest quick-service restaurant group.

General Electric makes power stations, aircraft engines and CAT scanners.

Google is the world's biggest search engine and online advertising platform.

Holdsport is a sporting and leisure goods retailer.

Johnson & Johnson is the world's largest consumer health and pharma company.

L'Oreal is a world leader in the manufacturing and sale of beauty products.

Luxottica is the world's largest branded sunglass maker and retailer.

Mr. Price is a fast fashion apparel and home retailer.

MTN Group is an emerging markets mobile telecoms giant.

Monsanto is a provider of agricultural products for farmers.

Mediclinic owns hospitals in SA, the UAE, the UK and Switzerland.

Naspers owns digital TV, internet, gaming and ecommerce businesses.

Nestle is a leading global food and beverages manufacturer.

Nike is a designer and retailer of running shoes and other sporting equipment.

Priceline is the biggest online travel booking service in the world.

Richemont owns the finest luxury brands like Cartier and Van Cleef & Arpels.

Starbucks is a roaster and retailer of coffee and fantastic foods.

Steinhoff owns Conforama and Pepkor.

Stryker makes hip and knee joint replacements and hospital beds.

Tesla is the world leader in electric vehicles and batteries.

Tiger Brands is a basic and branded food producer, expanding through Africa.

Under Armour is a fast growing sports apparel company.

Visa is a global payments technology company.

Vodacom is a South Africa-based communications provider.

Wells Fargo is the biggest retail and commercial bank in the USA.

Woolworths the leading organic food & clothing retailer in the Southern Hemisphere.

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