Higher spending will boost consumer discretionary stocks like Interface (TILE), Reservoir (RSVR), Stride (LRN), Kontoor (KTB) and Royal Caribbean...
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Maroc - ITNEWSAFRICA.COM - A la Une - 30/Aug 06:30
What Are the Two-Pot System’s Implications for SA Equities?
The introduction of the two-pot system, together with possible interest rate cuts, decent wage momentum, and lower inflation, could boost consumer confidence and increase spending in the months ahead. This is expected to be positive for domestic retailers, particularly discretionary names (clothing and furniture mainly). There could also be some benefit accruing to the banks, […]
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