Our winter period is always a slow time for stocks in the Southern Hemesphere!
This time the market has retreated more than usual ,burdened by the war in Ukraine,uncertainty as to when it will end and the knock on effect of rising prices as sanctions against Russia have caused energy producing products to increase.
China also has increased its preperations to invade Taiwan and seems to be using older methods to counteract their latest covid outbreak.
Inflation is increasing worldwide as populations are finding it difficult to find work leading to unrest.
On the positive side our minerals and metals which have fallen in price quite sharply will be first to pick up as there will always be a demand for them and oversupply stocks have run down.
We are supposedly neutral in this conflict,but it would good for our rulers to remembeer that the West are our main buyers!