In the world of equity investing the saying goes, “it’s not about where you open, it’s about where you close.” The Rand is taking a leaf out of that book after opening on Monday morning under severe pressure, but that’s just a distant memory now as we look to close the week out significantly stronger.

Two down and two to go. Unfortunately I’m not talking about the number of days till we get to Friday but rather the major US tariff battlefronts with Canada and Mexico pretty much sorted while we still need similar resolutions for China and Europe.

What a week it has been, and its only Tuesday morning!!! We always knew that life under the Trump administration was going to be an interesting time but past 48 hours have been exceptionally eventful.

In 1972 economist Yale Hirsch devised the January Barometer with his predictive tool stating that “as the S&P500 goes in January so goes the year”. The barometer has been correct 84% of the time since, and with the S&P500 up 3.2% as we go into the month’s final session things are looking positive for the rest of 2025!!!

In 1972 economist Yale Hirsch devised the January Barometer with his predictive tool stating that “as the S&P500 goes in January so goes the year”. The barometer has been correct 84% of the time since, and with the S&P500 up 3.2% as we go into the month’s final session things are looking positive for the rest of 2025!!!