MARKET WRAP: JSE slips as stagflation hits the radar

The JSE tracked weaker European and US markets on Wednesday as investors maintained their focus on rising interest rates that, coupled with weak economic growth, has raised renewed fears of stagflation.

The World Bank has warned that many countries face recession amid high inflation along with rising interest rates, slowing economic growth and soaring oil prices in the wake of the war in Ukraine...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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Why savers are ditching the money marketSA investors are usually wary of risk, but many are dumping the safety of money market funds and turning to local equities. But does SA’s poor economic growth justify this approach? Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Allison_Grillo and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Allison_Grillo.
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