Thanks for the confirmation, and no the stocks will crash even further.
So will South Africa's CPIX and PPIX continue to rise dramatically for the next 15 months, during which tito mboweny will increase the lending rates by at least another 200 base points every four months, adding to the circle of fire, and not understanding why the consumer is spending more and more money every month.
Then we haven't touched on the petrol price, which is touching R11/litre (R12/litre for diesel), which should continue rising for the next six months with an average of 50c per month.
Again, the government will not understand why the man on the street is spending more money every month, month after month, while it (the government) keep increasing fuel taxes by between 4c and 11c per litre every month, which are already @ R1.27 per litre.
Should I go on, or have you killed yourself already?