- Jun 25, 2010
I will have to wait and see how the market reacts next week, and once COVID-19 is nothing more than having a cold. Further 'radical' policy may also worsen the situation. Say you are right, then the Rand is a pretty strong currency under the circumstances.I actually don't expect much of a reaction from the markets on Monday, if anything it will be a relief.
Banker friends I've spoken to all indicated that junk has been priced in for a very long time now.