BULL’S EYE: Home is where the heartburn is
It may be big election day in Britain, but here in SA we’ve got plenty of other things to worry about
Wednesday dawned sunny in Johannesburg after a week of frankly British weather. Thursday is a big day up north, but given that this column was written in a tiny window wedged between power blackouts, I have scant concern for such matters. An election offering choices so ghastly as to seem comical? The Fortunes put it well, back in the day: “You need some sympathy, well so do I / You’ve got your troubles, I’ve got mine.”
SA’s problems are … oh for heaven’s sake, nobody wants to hear another rehash of our problems.
Let’s look at it another way, via the relative performance of a few stock markets. Up until the end of November, rands invested in the Nasdaq would have grown by more than 30%. And if you didn’t have the stomach for tech, the S&P 500 (25%) and the Dow Jones (20%) were not too shabby either...