Weekly Wrap-up | 23 February 2024

Amidst record highs in Japan and a pivotal South African budget, global markets are abuzz with NVIDIA’s AI surge and emerging economies like India and Taiwan offering promising growth opportunities.

The Economy: Currency Update – 20 Feb 2024

Amidst an election year, South Africa’s fiscal tightrope walk poses a challenge for the stock market, as investor confidence wavers due to government spending dilemmas and credit concerns

19 Feb 2024 : Market Resilience Amid Inflation Surge

S&P 500 performing below target Last week’s stock rally met sharp inflation increases, with stocks holding steady despite the economic data. The materials sector shined Most S&P 500 stocks fell The US Dollar dipped Bond yields rose.   Earnings reports show a strong performance, especially in energy and materials, while tech lags. AI’s rise is […]

Black Friday breaks records

Black Friday sales were strong, with online sales up 7.5% YoY to $9.8bn. Cyber Monday is expected to break records with an estimated $12.5bn in sales. Companies like Shopify (+4.89%), Etsy (+3%), and Affirm (+12%) saw significant gains due to the increased demand for their products.