Market Scorecard Well done to Kevin Anderson on getting to the Wimbledon final, and then what a cracker of a World Cup final; normally finals only see one or two goals. Have you seen the image doing the rounds on social media that compares the cost of DSTV and Netflix? What the graphic forgets … Continue reading Investing in the Wild
Market Scorecard Happy Friday the 13th! The uphill battle for Teresa May that is Brexit, just got steeper (Trump Says May's Brexit Plan Could 'Kill' Chances for U.S.-U.K. Trade Deal). One of the main selling points for Brexit was the UK being able to better negotiate trade deals by not having EU restrictions. I'm … Continue reading What is the Earth Sinking About?
Market Scorecard The price of oil and the English Football team both tumbled yesterday. The price of Brent crude dropped 6.9% due to Libya turning their taps back on; there has been fighting at Libyan ports which froze their production for the last two weeks. Undoubtedly the biggest event of them all yesterday was … Continue reading Uber Still Needs a Driver
Market Scorecard Woah, trade tensions have shifted into the next gear. Following China matching the US's tariffs on $34 billion worth of imports, the US has now targeted a further $200 billion worth of imports. The new proposed list of tariffs won't take effect for another 2-months; hopefully this escalation can be halted before … Continue reading Stuffing the Turkey
Market Scorecard Global politics never ceases to provide entertainment to onlookers. Brexit negotiations are in shambles, there have been two high profile resignations, including Boris Johnson. In his resignation letter, he talks about the need for more planning around a scenario where the exit deadline arrives and there is no deal. You know that … Continue reading Lira Lira Pants on Fire
Market Scorecard On Friday the US labour numbers came in showing another month where the US economy added over 200 000 workers. Surprisingly though, due to improved employment conditions, more people have decided to enter the workforce to look for a job, which pushed the US unemployment rate up from 3.8% to 4%. Statistics … Continue reading The Pet Economy
Market Scorecard Huh? How does that work? If the first thing you saw when you woke up this morning was the below tweet, what would your expected market reaction be? Given how much turmoil Trade war rumours have caused, surely launching a full-on trade war would mean very red markets? Nope! Asian markets are … Continue reading The Nike Spike
Market Scorecard Yesterday the JSE All-share closed up 0.19%; it was a very quiet day due to no action coming from the West. Normally when I boot up my laptop in the morning I have around 120 unread emails, most of them are US news and research reports, this morning I only had 34 … Continue reading Will Football be Coming Home for Nike?
Market Scorecard Yesterday saw Glencore close down 8% due to a US investigation into money laundering. As it stands, there are no charges brought against the company, but I think due to Glencore's reputation, investors are being cautious. Before Glencore was Glencore, it was Marc Rich + Co. AG, which was known for not … Continue reading Amazon Delivers
Market Scorecard Trying to predict the short-term moves of the market is impossible. Even the best traders in the world, you know those guys that are driving a Lamborghini in Wall Street movies, are only slightly more accurate than a coin toss. Their trick is to get comfortable with being regularly wrong and then … Continue reading The Burst for Social Commerce