Market Watcher: More upsides than downsides

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Sasfin's David Shapiro discusses the day's market moves, Transaction Capital disposes of more assets, the iron ore price, miners falling a bit flat, and what's disturbing Asian and US markets.
14 Aug 2024 1PM English South Africa Business · News

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Market Watcher: Choppy waters for the markets

Nick Kunze of Sanlam Private Wealth discusses the JSE's decline, driven by higher oil prices, Google's AI spending and interest rate uncertainty. He explains why the MPC's decision to hold rates is good for consumers, and reflects on weaker US markets, Google's $6 billion AI investment and Tesla's lower profits.
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