November 20, 2019/Coronation Report Two interest rates emerge A month ago the Central Bank of Nigeria (CBN) stopped most domestic investors, including pension funds, from investing it its open market operation (OMO) bills. As the OMO market is much larger than the T-bill market this heralded a rotation of money […]
OPINION/EDITORIAL
An Inevitable Return to the Equities Market
November 20, 2019/InvestmentOne Report We start this piece with our variation of a Chinese proverb that says, “The best time to plant a tree was 20 years ago. The second best time is now”. We say, “The best time to buy equities was sometime in the distant past. The second best time is now” […]
Oil Sinks As Sentiment Turns Sour
November 19, 2019/OilPrice.com Chart Of The Week – The Trump administration has dramatically increased the number of waivers given to small oil refiners, allowing them to get out of ethanol blending requirements. – The waivers resulted in a much larger portion of renewable fuel supply being exempted from federal mandates. […]
