It has been a very volatile week but there are a few things that may encourage us to look at on the bright side. Trump and Xi Jinping are in negotiations to conclude the trade war; many indices have fluctuated this week but there was a strong recovery from the intra-day lows on Thursday; and the JSE ALSI,…
There is a possible culmination to the trade war this weekend as Trump and Xi Jinping, the President of China, are set to meet alongside the G20 summit in Buenos Aires. This comes on the back of dovish statements from the Fed which led the markets to discount fewer rates hikes for 2019. These two…
Ramaphosa’s Cabinet reshuffle, as anticipated by Dynasty, lacked substance – Bathabile Dlamini and Nomvula Mokyane still have their jobs, and the Cabinet continues to be bloated with redundant, corrupt ministers and deputies.
It seems as though an end to the Brexit conundrum maybe in sight. Although this has come with a fair amount of feather ruffling this week, it is only the beginning. This proposed deal is just the tip of the iceberg of further negotiations that will have to be meditated in the future. The question…
This week saw the results of the much anticipated midterm elections. The Democrats took the House and the Republicans maintained control of the Senate. This could initiate a lot of friction within American politics and could signal the end to the smoothest period of Donald Trump’s Presidency. As always, the President is handling this blow with dignity…
With the end of the year fast approaching, a lot has been happening in politics. Angela Merkel announced that she would not be running for re-election of the Christian Democratic Union of Germany Party (CDU); US Midterms and the implications of which are on our doorstep; the end to Brexit seems to be approaching; Global…
Fears of rising US interest rates and the impact of the Trade War have caused the markets to retreat heavily this month. The global market sell-off that started in late September continued this week, and the tide was only stemmed by positive earnings announcements from Twitter, Microsoft, and Tesla. The extent of the correction tested…
The most critical story for South African’s this week was the appointment of Tito Mboweni as the new Finance Minister after Nhlanhla Nene stepped down. This will make him the fourth Finance Minister that we have had in two years. While this was happening, hurricanes hit both land and financial markets.
Some Friday inspiration: This week the Daily Maverick published an article called #GuptaLeaks: From cloak and dagger handovers to the Zondo Commission – a hard drive’s journey like no other written by Jessica Bezuidenhout. It recounts the process of revealing the #GuptaLeaks to the South African public and boils down to two people who exposed the…
