JSE Direct with Simon Brown JustOneLap.com

Simon Shares
Silicon Valley Bank collapse, does this put a pause on US rate increases? FOMC next Tuesday/Wednesday. "Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment'" Miss expectations and get slammed Transaction Capital Absa MTN Multichoice Hold winners, ditch laggers. Sun International (JSE code: SUI) vs. City Lodge (JSE code: CLH). ff
* I hold ungeared positions.

Simon Shares The local Q4 GDP came in at -1.3%, worse than expected -0.4% and shows the real pain of load shedding and Transnet issues. Q1 2023 not expected to be any better. Every set of results mentions load shedding and retailers are spending ±R1billion a year on diesel. Rand is looking weak, very weak. Grindrod (JSE code: GND) had good results and are clearly benefiting from the failure of Transnet ports. Bank results are looking good with Firstrand (JSE code: FSR) very strong and Nedbank (JSE code: NED) good and doing a R5billion share buy back.

Simon Shares Budget 2023 show, audio is fixed Solar as a service Retail Savings Bonds five-year fixed now at 10.5% Satrix takes over most Absa ETFs City Lodge* (JSE code: CLH) results Stale bulls Dividend of 5c Occupancies at 57% Debt gone Cater for business, who are Zooming more Overall a bit light
Spur (JSE code: SUR) results vs. Famous Brands (JSE code: FBR).
* I hold ungeared positions.

Budget 2023
Pieter Janse van Rensburg ~ AJM Tax Tony Leon ~ former leader of the opposition & ambassador Lesego Majatladi ~ Stay Latatude Simon Brown Great insights into the budget, who should be our finance minister and even the Coronation* (JSE code: CML) Con Court appeal against the SARS judgement.

Simon Shares Sasol (JSE code: SOL) update was all about troubles with power, ports and rail. In other words SA infrastreucture. Pick n Pay (JSE code: PIK), they spending R60million a month on diesel. US unemployment is the lowest since 1969 at 3.4%. Grey listing for South Africa. The Financial Action Task Force will announce their decision at their 24 February meeting. A paradigm shift is happening AI has suddenly landed and it's going to be wild.
I rate it with some other major technological paradigm shifts;
The personal computer in 1974 The internet in 1990 (yes we had dial up bulletin boards before then, but that wasn't internet). Smart phones with the iPhone in 2007 All were horrid when they launched. But now they drive humanity.
Facebook getting their ads working AI after Apple locked them out.
Search is changing and will Google be the new winner.
We use Dali-E for images on JOL
Chat GPT is great, but it is not accurate. That is actually a design feature, but this is only version 3.5 and already lots of people are using it for real world practical examples.
How is it going to change investing and trading? I don't know but I know many, myself included, are trying things to see what works and what actually adds value.