Global market jitters shook investor confidence this week amid fears of a global recession on the cards, triggering alarm bells in what has been a bullish sentiment and somewhat complacent environment for investors around the world, with US stocks like Nvidia having led the charge in a tech-heavy rally over the first half of this year.
“It is important to focus on the numbers rather than the narrative, with markets often getting spooked by headline news. At Prescient we leverage large volumes of data to make informed decisions, with one of our primary indicators being a nowcast of global growth . On the positive side, he says, South African assets, although largely driven by global market movements, are offering significant value buffers. “Unlike US equities which are coming into this scenario as being expensive, SA equities and bonds remain relatively cheap on a pure valuation basis even after the post-GNU rally.”
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: SABCNews - 🏆 37. / 51 Leer más »
Africa: LPRA D-G Joins Panel to Highlight Africa's Oil & Gas Investment HotspotsGlobal energy companies and financial entities - Africa Oil Corp., Standard Bank, and the Liberia Petroleum Regulatory Authority - discussed where global funds should flow and Africa's pathway to enhanced energy project finance
Fuente: allafrica - 🏆 1. / 99 Leer más »