Clear market notes built around the JSE, the rand, and what matters locally.

2026-10-08 00:30 • The Motley Fool Positive Axe Cap view: Selective

The Schwab U.S. Dividend Equity ETF (SCHD) is highlighted as a top dividend ETF choice for long-term investors, with a 532% return over 15 years. The $108 billion fund offers a compelling combination of low expense ratio (0.06%), solid dividend yield (3.4%), and exposure to quality dividend-paying companies, making it suitable for both risk-averse and younger investors seeking income growth.

Axe note: SCHD’s solid long-term dividend track record is notable, but South African investors should weigh currency and local alternatives carefully.

2026-10-07 23:29 • The Motley Fool Negative Axe Cap view: Selective

PJT Partners stock fell 1.46% on Wednesday following downbeat analyst moves. Keefe, Bruyette & Woods downgraded the stock to market perform from outperform with a price target cut from $195 to $159, citing concerns about slowing M&A growth. UBS also reduced its price target from $176 to $165. The declines reflect worries that rising interest rates are making companies more hesitant to pursue debt-funded deals, pressuring the boutique investment bank's advisory business.

Axe note: Rising interest rates are cooling deals in M&A advisory, a signal worth watching on the JSE.

2026-10-07 23:15 • The Motley Fool Positive Axe Cap view: Selective

The article recommends two high-yield stocks for October: Bristol Myers Squibb (BMY) offering a 4.2% dividend yield despite facing near-term patent expiration challenges, and Realty Income (O) with a 6% yield and 31-year dividend increase streak, though facing headwinds from rising interest rates. Both stocks are trading at attractive valuations due to short-term concerns, presenting opportunities for long-term income-focused investors.

Axe note: Appreciating select foreign dividend payers can complement rand exposure amid local uncertainties.