1. The IMF has once again lowered the economic growth outlook, not just for South Africa, but for most of the world. And yet despite this, markets are rallying strongly. How do you explain this?
2. The impact of the very low commodity prices over the last year is clearly evident from the Q1 earnings report released by Alcoa yesterday. This traditionally kicks off the earnings season in the US. Is this a sign of things to come?
3. And yet despite this so-called "earnings recession", it was reported yesterday that South Africans continue to take money out of the country at an unprecedented pace.