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17 Jan 2021anemptytextllineThe year 2020 taught us to expect the unexpected, as one unprecedented event after the other hit humanity. Even a momentous run in equities and new record highs towards the end of – in terms of economic output and unemployment - the worst year in our lifetime. -
11 Jan 2021anemptytextllineIn the last month of 2020 markets globally continued to be encouraged by the much faster than expected development time of a vaccine against Covid-19.
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7 Dec 2020anemptytextllineAccording to the WEF, three themes rank as the most important matters of our time: climate change, rising inequality and cyber insecurity. These themes deserve special attention.
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3 Dec 2020anemptytextllineIn November markets swung between the bad news of a second wave of the pandemic and the promising results of a vaccine.
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25 Nov 2020anemptytextllineFitch and Moody’s adjusted their ratings for the SA government, moving it one notch deeper into ‘junk’ status.
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4 Nov 2020anemptytextllineIn October stock markets across the world turned red, as parts of Europe returned to lockdown.
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29 Oct 2020anemptytextllineArthur Kamp comments on Treasury’s 2020 MTBPS and points out that only government expenditure cuts and no shift from consumption to capital investment is illusionary progress.
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12 Oct 2020anemptytextllineGlobal tech companies shone brightly in the third quarter of 2020, with Apple becoming the first US company to surge past a market capitalisation of $2 trillion. Most businesses dimmed investor expectations, though, with plummeting profit levels and reduced or no dividend declarations. Sasol, for example, announced an impairment bigger than its market cap. What else happened during the quarter?
