SENTIMENT DIFFERENT TO FUNDAMENTALS

Another example of how people behave as survivors.  People living in South Africa no doubt see a worrying big picture. They see rampant crime, a criminal justice system floundering, unemployment too high, an economy in recession, a brain drain, etc. Yet with the recent Confed cup a renewed enthusiasm towards the country is to foot. This weekend the country enjoyed the unity and goodwill from Mandela turning 91.

 

This is another example of how human emotion waxes and wanes despite the facts on the ground. People have a need and hope to survive this manifests with spikes in optimism.