Market Watcher: Why the sell-off?

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Sasfin's David Shapiro runs through the day's market movements, US inflation numbers, struggles within the local and global banking sector, sentiment around commodity indicators, and Anglo's money-raising efforts.
11 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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