Premium: Stocks end posting worst month since the “Pandemic Panic” of March 2020

Among the legacies of September's BizNews Conference (BNC#2) was our donation of wi-fi infrastructure to a rural KZN school. We visited that school last week and discovered what you get is not always what's promised on the tin. Life is complex – especially when it comes to SA education. We're working on a solution..On the upside, we did meet a courageous young headmaster who shared brutal truths about operating in a high unemployment, crime-wracked district where, on average, there's a murder every day. He's busy with a PhD in psychology. The idealism may be wearing thin..Schoolteachers have long been prime targets for expanding businesses. Educated, committed and modestly remunerated, few to whom we entrust our children's future remain "lifers". Covid and its knock-on effects are now shortening an already declining trend..___STEADY_PAYWALL___.Self-proclaimed salary slaves are leaving formal employment in record numbers. American media calls it "The Great Resignation". This morning, our partners at The Wall Street Journal published a superb piece on how schoolteachers are among the leaders, abandoning their calling for sales, software, healthcare and training jobs. What happens in the US tends to be followed elsewhere. Eventually, even in rural KZN..More for you today:.Stocks Close Higher on Final Day of Tumultuous Month. Despite Monday gains, S&P suffers worst monthly performance since March 2020 (see graphic above)Spotify's Fate is in the Stars. Market-value swing from controversy between Joe Rogan and Neil Young underscores new level of risk from podcast focusOmicron Pushes Health Authorities Toward Learning to Live With Covid-19. Nations abandon restrictive steps to contain the virus even as cases of the relatively mild variant surge.Steinhoff valuation – The good, the bad and the ugly. Our Justin Rowe-Roberts has a close look at information disclosed in the group's just-released annual report..NB FOR YOUR WALL STREET JOURNAL ACCESS….As a Premium subscriber you are entitled to full membership of wsj.com (normal price $29 a month). Be sure to action your access through the Premium link on the BizNews website. Because of The Wall Street Journal's credential requirements, be sure to create a password which has at least 8 characters and includes at least one letter and one number – NB it MAY NOT contain any special characters (ie #, !, @ etc). To maintain access to WSJ.com, you MUST enter our partner's website via BizNews Premium at least once a month. A final PS, if you had previously signed up for WSJ you'll need to clear the cookies from your device. Our help desk can assist – support@biznews.com..If you'd like to help sustain our independent voice, why not share the love by making a gift that keeps giving? Click here to access the BizNews Premium subscription signup form, and be sure tick the relevant box. At R100 a month and inclusive of full membership of The Wall Street Journal, it's a mind-expanding gift at an incredibly modest price.

Premium: Stocks end posting worst month since the “Pandemic Panic” of March 2020

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