Boxer Earns More Per Rand. So Why Can't It Catch Shoprite?

Let's kick off with France.

So my chart for this week is going to be the French 10-year yield because it is getting quite wild.

Now, to be clear, I mean, there are riots happening in France.

There are curfews going down.

It's not about immigration.

It's about economics.

And to be clear...

The French, like a good riot.

I mean, I don't know about you, but we were learning about these things in school.

They were doing it in the 1700s.

This is what France tends to do.

There's some great pictures, not from this riot, but from earlier ones because they do it a lot.

I think it was Bordeaux.

You know, you've got the rail tracks through the city where the tramway goes.

So they put wheels on, they put a braai, and they're out there doing their march and braaiing at the same time because France.

Anyway.

So here we go.

We've got current yields are back at sort of early 2000s, 2001, 2002.

This is on the 10-year, just below 4.8%.

Weird.

US 10-year is higher than this.

So, I mean, by simple math, the market is saying US is riskier than this.

And there are a lot of reasons.

So, I mean, France has got a presidential election next year.

Seems no chance of a centrist getting in.

Let's kick off with France.

So my chart for this week is going to be the French 10-year yield because it is getting quite wild.

Now, to be clear, I mean, there are riots happening in France.

There are curfews going down.

It's not about immigration.

It's about economics.

And to be clear...

The French, like a good riot.

I mean, I don't know about you, but we were learning about these things in school.

They were doing it in the 1700s.

This is what France tends to do.

There's some great pictures, not from this riot, but from earlier ones because they do it a lot.

I think it was Bordeaux.

You know, you've got the rail tracks through the city where the tramway goes.

So they put wheels on, they put a braai, and they're out there doing their march and braaiing at the same time because France.

Anyway.

So here we go.

We've got current yields are back at sort of early 2000s, 2001, 2002.

This is on the 10-year, just below 4.8%.

Weird.

US 10-year is higher than this.

So, I mean, by simple math, the market is saying US is riskier than this.

And there are a lot of reasons.

So, I mean, France has got a presidential election next year.

Seems no chance of a centrist getting in.