Cartesian Capital Strategic Asset Allocation
While there is a possibility that the S&P 500’s advance could broaden beyond the narrow group of stocks driving recent gains and that economic momentum could strengthen in the coming quarters, w…
Cartesian Capital Monthly Report – September 2025
The FTSE/JSE Top 40 Index advanced 7.18% in September, led by robust gains in the mining and financial sectors. Naspers/Prosus also contributed to the rally, buoyed by positive momentum in Chinese t…
Cartesian Monthly Report – August 2025
August was a month of stark contrasts. On the surface, financial markets looked unstoppable: the rand and local equities posted their strongest August gains in nearly two decades, lifted by a global…
Cartesian Capital Monthly Report – July 2025
In July, the JSE/FTSE gained 2.28%, hitting all-time highs and breaking through the key psychological level of 100,000 points.
In late July, the South African Reserve Bank cut its benchmark repo…
Cartesian Capital Monthly Report – June 2025
South Africa’s economy recorded slight growth of just 0.1% quarter-on-quarter in Q1 2025, highlighting the fragile state of the recovery. The marginal expansion was driven almost entirely by a 15.8%…
Contango with Conviction: The Real Forces Behind Gold’s Rise – But Will the Rally Stall, Or Will It Continue?
Gold has surged past $3,400, driven by deep structural shifts, but can the rally hold? In our latest article, Contango with Conviction: The Real Forces Behind Gold’s Rise – But Will the Rally Stall…
Cartesian Capital Monthly Report – May 2025
The South African equity market followed global markets higher in May, with the JSE FTSE All-Share index gaining 3% MoM. The rally was led by the Indi-25, up 3.9% MoM, driven by Naspers and Prosus…
Beware of Financial Impersonation Scams on Social Media
In today’s digital world, fraudsters are becoming increasingly sophisticated in their methods, and one of the latest trends involves impersonating legitimate financial services providers on social m…
The Mirage of a May Easing
At Cartesian Capital, we believe the market may be overly optimistic in expecting a May interest rate cut.
While the data could justify easing in May, our base case remains a single rate reductio…
Cartesian Capital Monthly Report – April 2025
April saw the FTSE/JSE Top 40 Index rise by 3.46%, supported by strong gains in gold and platinum stocks as commodity prices climbed. The market faced pressure from a weaker rand and the impact of U…