Shaun Hewitson

Investor. Advisor. All views my own.

[Shaun Hewitson @ShaunHewitson]

@RonakGopaldas 'Bragadocious' 😂

[Olivier Blanchard @ojblanchard1]

Running bilateral trade surplus/deficits with different countries is the way it should be. Trying to eliminate each one is simply stupid.

I have a trade deficit with my grocer, a trade surplus with my employer. I am not sure it would be a great idea for me to work for my grocer. (Even if the loss for the economic profession was minimal, I am not very good at packing groceries.)

Same thing with countries. There are reasons why we sell more to one, buy more from another. Different tariff rates across countries imply reshuffling of deficits and surpluses across countries, but no obvious change in the overall trade deficit.

To go back to the economist’s mantra (and the power of identities): If you want to reduce the overall trade deficit, increase saving (you might consider decreasing the budget deficit?) or decrease investment.

[Shaun Hewitson @ShaunHewitson]

It doesn't get any closer than this

[The Spectator Index @spectatorindex]

World's 10 best cities for 2024

1. 🇺🇸 New York City, US
2. 🇿🇦 Cape Town, South Africa
3. 🇩🇪 Berlin, Germany
4. 🇬🇧 London, UK
5. 🇪🇸 Madrid, Spain
6. 🇲🇽 Mexico City, Mexico
7. 🇬🇧 Liverpool, UK
8. 🇯🇵 Tokyo, Japan
9. 🇮🇹 Rome, Italy
10. 🇵🇹 Porto, Portugal

(Source: TimeOut)

[Shaun Hewitson @ShaunHewitson]

While 2023 was all about the dominance of the Magnificent 7, after a poor 2022, they're only slightly ahead of the rest of the pack over 2 years.

[Shaun Hewitson @ShaunHewitson]

This is what an economic soft landing looks like

[Shaun Hewitson @ShaunHewitson]

@KobeissiLetter Inflation is coming down. Core PCE should be at 3.5% by year-end.
The long end of the yield curve is doing the Fed's tightening for them.

[Ad Professor @The_AdProfessor]

The 9 most creative social media ads I've collected this week:

1. World Wildlife Foundation

[Shaun Hewitson @ShaunHewitson]

AI looking like early 2000s internet hype?
Jeff Bezos in 1999:
"When new industries become the phenomenon, a lot of investors bet on the wrong companies...I noticed that decades ago, it was de rigeur to use 'Motors' in the name just as everybody uses 'dot-com' today."

[Markets & Mayhem @Mayhem4Markets]

Sizing up the $2.1T market for crude oil every year

[Shaun Hewitson @ShaunHewitson]

This is not sustainable. S&P500 index performance is now the most concentrated it has been since the 1970s.The 7 biggest constituents-Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta- have gained between 40% and 180% this year. The remaining 493 companies are flat. @FT

[Bloomberg @business]

South Africa's richest city was built on gold.

It’s now such a mess that homeless people direct the traffic
https://t.co/Lned5ptvL2

[Joe Weisenthal @TheStalwart]

Warren Buffett says that in the last 6 months, an incredible period for the US economy has come to an end, and that most of Berkshire's operating units will see a decline in earnings. https://t.co/TmouZWq5NB

[Shaun Hewitson @ShaunHewitson]

Reminder:
The world is changing.
What worked in the past may not work in the future.
Source:BofA

[Shaun Hewitson @ShaunHewitson]

This table succinctly highlights what you need to consider when making investment decisions in the current environment. @Oaktree
The key point is not knowing what's in the news, but knowing what other investors think about the news. That is your opportunity.

[Shaun Hewitson @ShaunHewitson]

The last twelve months in markets:

[Shaun Hewitson @ShaunHewitson]

A perfect example of why the stockmarket is not the economy:
Persistent level 6 loadshedding in SA
JSE All Share YTD: +9% YTD

[Shaun Hewitson @ShaunHewitson]

@RonakGopaldas For the UK or SA?

[CAPITAL SIGMA Σ 🇿🇦 @CAPITALSIGMAza]

STOP THE COUNT:
JSE 2-stock competition winners after 12 months roller coaster: Jay Gatsby @Jay_Gatsby_95 at a whopping +87% TR. Four of the top 5 were in Grindrod, which had a superb year. I like @SirKlutch_Za twin banks choice returning +51.33% (easy life, no drawdowns).
1/9

[Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA]

The USA vs Iran game in Qatar tomorrow will be the first time the US is fighting in the Middle East without looking for oil