Daily Market Blog: Connection Costs
"The company have invested 30 billion Rand in their networks to improve the quality, why shouldn't people pay more? I am sure that if they are all peeved when the contract ends, they can go look elsewhere for a better deal, 30-40 Rand extra a month is hardly a kings ransom for contracted customers. More especially if your service has improved relative to the fixed line competition."
To market, to market to buy a fat pig. I was quite interested in the Crossing Wall Street email from overnight to see that over the course of this month there has not been a single day (on the S&P 500) of back to back gains. It is the single longest period, says Eddy Elfenbein, for nearly twenty years. Whilst markets have not really been that volatile over the time period, you certainly get the sense that this is a fair amount of yes-wait-no. Running between the wickets. I was once runout without facing a ball (I was ball watching), as the batsman facing shouted go. Go sounds like no. So perhaps Eddy should have titled this piece go-no-yes-wait-slow. Over the last one month the S&P 500 is down over two and a half percent, locally the market has had a pretty torrid two weeks, in part the Rand strengthening. The Dollar has weakened, not too much to do with the domestic economy.