Berkshire Enters the Jungle

  Market Scorecard Global markets were subdued yesterday. Japan and Mainland China are currently on holiday, all the major companies have reported numbers, the Fed announcement had come and gone, and there was only low-level economic data. Today is at least jobs day in the US, which should see some reaction from the market. Then … Continue reading Berkshire Enters the Jungle

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Land of the Long Wait for Approvals

  Market Scorecard It was another cracker of a day on global markets yesterday. Everything that came across the wire was talking about why stocks are going to go higher; low-interest rates, improved PMI in China, the nearing of a trade deal and how good Q1 2019 was. The point we make to clients all … Continue reading Land of the Long Wait for Approvals

Namaste Nike

  Market Scorecard Naspers is within a whisker of having a '3' in front of its price after closing 4.8% higher yesterday. The strong moves are thanks to a Tencent that is trending higher benefitting from the news that talks between the US and China are progressing well. Naspers hasn't been above R3 000 since … Continue reading Namaste Nike