Market Forces
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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. -
3 Dec 2020anemptytextllineIn November markets swung between the bad news of a second wave of the pandemic and the promising results of a vaccine. -
25 Nov 2020anemptytextllineFitch and Moody’s adjusted their ratings for the SA government, moving it one notch deeper into ‘junk’ status. -
4 Nov 2020anemptytextllineIn October stock markets across the world turned red, as parts of Europe returned to lockdown. -
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.
