What the Luckin

  Market Scorecard On Thursday evening and Friday morning, global stocks were in the red due to worries about what Trump would do to China around the tensions in Hong Kong. After Trump's address on Friday, the market gave a sigh of relief and popped higher. The US didn't withdraw from the phase 1 trade … Continue reading What the Luckin

Skinny Trade-acino Please

  Market Scorecard Locally, there has been an interesting divergence between SA Inc stocks and the Rand. Over the last few weeks, local retailers and banks have seen their share prices sliding lower, but at the same time, the Rand has been rather resilient. It has actually gained a tiny amount of ground against the … Continue reading Skinny Trade-acino Please

Twit for Tat

  Market Scorecard Woah, weekend politics was more eventful than the latest Ashes test match. It started on Friday afternoon when China announced it would apply new tariffs of between 5% and 10% on $75 billion worth of imported goods from the US. On top of that, the 25% tariff on US cars and car … Continue reading Twit for Tat