The big market news of the week was the US second quarter GDP data that came in negative, putting the US economy into a technical recession. I’ve been speaking to Adrian Saville for over a year about US inflation and risks to growth and this week I asked him just how bad this data point is… .
Locally the big story was President Cyril Ramaphosa’s Monday evening announcement of the deregulation of our energy sector. I spoke with Anthony Clark, looking for some listed stocks that may benefit. There are a bunch listed on the JSE and we dug into a few with some detail, discussing their potential .
With tech stocks in the US still under pressure and releasing what can at best be called modest results, I spoke with Chris Rule from CoreShares on its S&P Global Dividend Aristocrats ETF. Due to the construction of the exchange-traded fund it has no tech and makes for a great core ETF for your diverse global portfolio .
Crypto has had a tough year but the main coins have bounced off recent lows. I spoke with Luno’s Marius Reitz about the recovery in the fear and greed index, as crypto prices have moved higher. We also spoke about the shift by Ethereum from proof of work to proof of stake that has seen it outperform Bitcoin .Samukelo Zwane, product head at FNB Wealth and Investments, discusses the impact of rising interest rates on cash and equity investments .
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dailymaverick - 🏆 3. / 84 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »