đź”’ Alec Hogg: US stocks break their three day losing streak

  • I haven’t been paying as much attention to Covid-19 data as in the early days of the pandemic when SA infections ranked in the world’s top 10. But after yesterday’s announcement by American authorities ending social distancing and masks for the vaccinated, I took another look at the Johns Hopkins Coronavirus data for an update. SA is down to 21st on infections and far lower on deaths. Interesting, too, is that the global mortality peak is behind us (see above) with worldwide coronavirus deaths at 3.3m – around 5% of the 60m people who die every year.
  • On the subject of Covid-19, a very well-researched contribution from community member Andrew Bannister is Biznews.com’s best read story of the moment. He took a close look at censorship around the cheap Covid-19 killing drug Ivermectin. Andrew who says “I can provide proof for everything I have written” tells me he was last published 30 years ago in medical journal Lancet. Click here to read his assessment.
  • It was another volatile session for US stocks. However, all three major indices posted gains last night, breaking a three day losing streak. Click here for the story. Investors may be coming around to ideas expressed by James Anderson, a respected UK money manager and retiring Bailie Gifford partner. In his departing letter, Anderson argues the investment world has irreversibly changed. Click here to read more.
  • ___STEADY_PAYWALL___

  • Among the most memorable of hard lockdown webinars was in June last year when lawyer Teresa Conradie and politician Herman Mashaba discussed seismic changes coming to SA’s electoral system. Business Day published an update this morning after a ministerial advisory committee proposed a hybrid system like the one used in municipal elections. It’s not what critics are shooting for so may need refinement. But it’s good to see that even the ANC realises it’s time we voted for accountable individuals.

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