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Business Maverick: Friday: Five Things You Need to Know to Start Your DayThe U.S. says it’s prepared for trade talks to take longer, America’s economy slowed last quarter and Brexit continues to dumbfound. Here are some of the things people in markets are talking about.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Friday, April 4: Five Things You Need to Know to Start Your DayThe U.K. Parliament blocks a no-deal Brexit, while Chinese and American trade negotiators meet in Washington. Here are some of the things people in markets are talking about Friday? Thursday April 4th 😮
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: The curious duality of SA’s first business quarterThe Johannesburg Stock Exchange is up as the curtain closes on the first quarter of 2019, which will cheer the bruised bank accounts of SA’s investors. It’s been a rising quarter, but also, weirdly, a bit of a calamity. Welcome to the strange world of the JSE, circa 2019.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Monday: Five Things You Need to Know to Start Your DayA ray of hope for the global economy from data showing a rebound in Chinese factory output, Turkish election goes down to the wire, and the U.S. jobs report will be watched for signs the bond rally is justified. Here’s what’s moving markets.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick Op-Ed: Chicken debate: See Brazil as ‘a partner, not an enemy’The chicken debate is becoming intense and the SA Poultry Association has lobbied the International Trade Commission of South Africa to increase import tariffs on chicken from Brazil.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick Analysis: Why poor housing prices are a blessing in disguiseIt’s a terrible irony. South African house prices, adjusted for inflation, are as flat as an ironing board and have been for around a decade. And that just may save us all the heartache at least some of the developed world faces as their residential markets come under pressure.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: MMG Joins Glencore, ERG Reviewing Congo Plans After Tax HikeYet another foreign miner in the Democratic Republic of Congo is reviewing its future production plans after the government increased taxes and removed investor safeguards despite industry protests.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: The tricky question of what economists should be able to predictIf economists ought to have been able to predict the 2008 'great recession', should they not also have been able to predict that the S&P 500 stock index would quadruple in value over the following decade? Nobel laureate Robert J. Shiller discussed predictions and the surprising emergence of new narratives.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Debt, State Firms Are Risks to South Africa Rating, Moody’s SaysSouth Africa may struggle to hang on to its sole investment-grade credit rating if economic growth persists at weak levels and if government debt and risk from state-owned companies rises, Moody’s Investors Service said.
Source: dailymaverick - 🏆 3. / 84 Read more »