Dec 21, 2021 | Wealth Management
After >15% returns in the stock market in 2019 and 2020, the pundits were on the defensive going into 2021. The year began badly – Jan 6th Capitol riots and impeachment of the President on Jan 13. February witnessed Bezos, the mastermind behind Amazon...
Dec 12, 2021 | Wealth Management
The biggest economic release for financial markets has traditionally been Jobs day, but in recent months, CPI (Consumer Price Index) day has taken the spotlight. Headline inflation on Friday was growth of 6.8% Y/Y in November, which was the highest level since the...
Dec 5, 2021 | Wealth Management
This week, on Thursday, employment numbers came in lower than expected for November, but on Friday, the unemployment rate dropped and the labor participation rate rose. These mixed messages further muddled markets – stocks closed out the week with a decline...
Nov 29, 2021 | Wealth Management
Just as the European Union was confronting the ugly reality of Covid-19 infections forcing countries to go into lockdowns and the US still dealing with the Delta variant threatening to take the steam out of the economy going into the holiday season, South Africa...
Nov 7, 2021 | Wealth Management
China recorded 600 cases in the last 15 days as the delta variant has forced the country to impose strict lockdowns. The United States surpassed the sobering milestone of 750,000 COVID-19 deaths despite the widespread availability of vaccines. Worldwide, the pandemic...
Oct 24, 2021 | Wealth Management
With Q3 earnings season kicking into gear, the three major U.S. stock averages stayed near record highs in the past week. But inflation may be damping investor sentiment. Fund managers turned bearish on growth prospects for the first time since the depths of the...