Trump Invaded Iran on 28 February 2026. Nobody expected it and the markets did not like it, so we had a market correction in March. April was a different story. Markets shrugged off the threat of increased oil prices, recession and general doom and gloom and hit all time highs. So, we had a good April.
AI, Semiconductor and chip manufactures like Nvidia, Microsoft, Amazon, Google, Facebook, etc, are spending billions on research and development, energy plants and cooling systems (to run the vast hubs to house all this) So that is why their shares have been docile for the last 12 months. But going forward when all this development is finished and up and running, their share prices will soar again.
We have sourced some really exciting shares\funds in the last 4 months when I do my 6 monthly reviews in June, we will introduce some of them into our portfolios.
Some exciting news is that we are launching our own SA Balanced Fund called the True North Balanced Fund. As soon as this is done, we will introduce it into our clients portfolios.
Gold is hovering around $4 500 and Rand Dollar is bouncing between R16 and R17.