Begin YOUR Morning BY LISTENING TO TODAY’S BIZNEWS BREAKFAST BRIEFING – Fed to hike fees .75%, but market presently expects cuts in 2023 SA’s casual economy booming European banking companies, US dollar and Ukraine’s finmin.
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Causes to glance on the brighter facet – below and in the US market
Seasoned a few of masterclasses in the BizNews studio on Friday. The two interviews still left me in a far better body of mind. The recordings are up on the BizNews Television channel on YouTube. When there, excellent notion to simply click on the “Subscribe” and “notifications” buttons so you really don’t overlook any of our articles.
GG Alcock, whose well known activist parents Neil and Creina raised him in a mud hut in rural KZN, is my go-to person on the informal sector. He claims it is booming in the townships as people today appear to spend their dollars domestically with casual corporations. True unemployment? Closer to 12% than the ‘official’ 40%. Click here to look at the recording.
That was adopted up by my favorite economist, Kevin Lings, describing the desire charge cycle right here and abroad – concluding that it’s time to commence acquiring US stocks again. Lings reckons June’s 9.1% inflation in the US was the peak, and expects it to be down to 2% in a year’s time. Wall Road is presently searching for two desire amount CUTS in 2023. Click here to enjoy that 1.
Eisch. Obtained to be huge awake today. Our related environment moves at warp velocity.
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