Market Watcher: Bad news is bad news

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Viv Govender of Rand Swiss discusses the day's market moves, anxiety around the economy, US jobs data, the impact of the market pricing in a rate cut, and local interest rate expectations.
5 Sep 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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