My sentiments exactly.

As the name of this thread goes, these "reporters" are one of the reasons there is "madness at the NSE"

Everything is falling...even diversifying won't help...

1.buying the dips
2. cost averaging
3. Holding unto cash


Are the only strategies which can work...

Take for example the impact of covid-19 lockdowns on earnings and company fundamentals at the NSE will only be known form H2 2020...

VVS --- BOC Kenya?

I'm curious too. I know this might sound distasteful to some, but with medical gases currently in high demand, is this pandemic a windfall for them?

Should CBK rescue our stock market and directly or indirectly buy stocks?Well first world central banks are doing so.Swiss and Japanese Central Banks are directly buying stocks with Bank of Japan buying Japanese ETFs and the Swiss Central bank buying US stocks like Facebook and Apple among others.The Fed was funding the Wall Street banks to buy stocks ever since GFC from their QE programs.Now the Fed is being more direct now.Through their recently launched program Primary Dealer Credit Facility (PDCF) the Fed is taking the large cap US stocks as collateral for repo loans to wall street primary dealer banks and hedge funds.Considering these loans are being rolled over when they mature,the Fed is keeping these stocks on their balance sheet thus essentially buying these stocks.Much of the rally in Wall Street in recent days has been attributed to this Fed intervention in the stock market.There is talk that Fed should outright buy US stocks.Its a banana republic style intervention nonetheless equities are rising due to this

Maybe Opus Dei should launch a similar facility here and rescue our equities and take Safaricom stock to 100 and KCB stock to 200?

Kenya needs more USD/Greenback.
If we can be able to get just $5bn free economic fortunes will change drastically.
Printing ksh will be catastrophic.

Actually the Fed has setup currency swap lines with other major central banks like the European Central Bank,Bank of Japan,Bank of England,Bank of Canada,central banks in Australia, Brazil, South Korea, Mexico, Singapore, Sweden,Denmark, Norway, and New Zealand for these banks to hand over their local currencies to the Fed and Fed giving back USDs to re-liquify them with Greenbacks.These other central banks are creating new local currency and exchanging then with newly created Fed dollars.The Fed is only doing this with its allies.Obviously,Russia and China are not in the club for this but Moscow has largely de-dollarized so not a major problem for Putin and Beijing has over 1 trillion of USD denominated bonds as a buffer



https://www.bloomberg.co...dditional-central-banks

Apparently also our CBK isnt in the club too.KES just not important enough to qualify for the swap thus we shall continue to suffer dollar shortage.

Yes for now USD remains King relative to other fiat currencies despite Fed printing trillions but inevitably the USD will fall if the Fed keeps the printing press hot with trillions of extra liquidity.I wont be holding USD for the long term but currently USD is the "best asset" to hold

What long term. If this madness continues long term no asset will survive! USD is the only currency to hold for now.

Meanwhile, NSE Bulls got served with a 21% shave in March. Last time such a close shave was administered was in February 2009.

Bank stocks spooked by this Moody's report: https://kenyanwallstreet...weather-covid-19-crisis/