Cash is a Luxury for Richemont

  Market Scorecard Markets had a great day out yesterday; the biggest jump in six weeks. All the green is thanks to positive news on a vaccine test from Moderna, an American biotechnology company. The test was an early trial, where the primary focus is on testing the safety of the vaccine. The vaccine proved … Continue reading Cash is a Luxury for Richemont

Whats Up with Facebook

  Market Scorecard Going into the MPC meeting this week we knew that there was a chance of a rate cut, but the odds seemed slim. It seems that there was more than just a slim chance, because all five members of the MPC voted to cut interest rates by 25 basis. The first thing … Continue reading Whats Up with Facebook

Twar with Tito

  Market Scorecard In Mzansi we finally got our own politicians who use Twitter as an instrument to communicate policy to the people. In this case it was the Gauteng Premier David Makhura, and Finance Minister Tito Mboweni. They were fighting about e-tolls in a heated exchange of tweets. You can read more about it … Continue reading Twar with Tito

Turn Down For Watch

  Market Scorecard Yesterday Brent Crude broke above $80 a barrel for the first time since 2014; mostly due to supply-side constraints, think Iranian sanctions and a failing Venezuela. Looking to Washington, where a Chinese delegation is meeting with US representatives, the rumour is that China has offered President Donald Trump a $200 billion reduction … Continue reading Turn Down For Watch