China Is Not For Ants

Market Scorecard October ended with the US market having its worst week since the Covid March lows. November though has started with a bang, having the best week since April. The strength is probably a combination of bouncing off a soft week and having a split Congress. As we said on Friday, the US election … Continue reading China Is Not For Ants

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

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