Weekly Thoughts 25 April 2025

Wax on… Wax…. Sorry, Vat on… Vat off. Vat on… Vat off. …for those of us old enough to have watched the Karate Kid…

Taking a toll on the GNU, this is. Parties desperately seeking stability on weak legs.

A new US ambassador is a delicate point right now too. Gary Player or Charlize Theron might be good candidates.

A fund manager from Ninety One recently gave a good Trump statement: ‘a rational decision made today based on irrational information, could prove to be a very irrational decision tomorrow.’ He went on to say that ‘In markets, the best days tend to occur around the worst days.’ What he’s implying, is that there are buying opportunities.

And so everyone and the world is navigating the chaos. While we all spend our money in exactly the same places and feel nervous to invest because we want markets to become expensive again first. At least there is entertainment every day.