mlennyma wrote:Weather,interest yields,shilling stability,inflation,foreign appetite,new found oil progres,less political noise etc
Weather: The only constant is not being constant.
Interest Yields: It is a derivative of many other inputs/outputs. If CBK keeps low rates amidst a high (fiscal) deficit then inflation will increase & KES depreciates.
KES stability: Current Account Deficit
Inflation: Lots of factors including weather & oil prices
Foreign Appetite: Only there as long as stability is around. And will leave for the next destination for higher yields.
Oil: 5-7 years. Minimum.
Political Noise: Good luck! Elections in 2017. Campaigning starts in 2016.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett