Sun comes out in October after September’s nightmare – Corion Capital’s David Bacher on keeping a cool head
Corion Capital’s David Bacher explains why ‘local is still lekker’ with strong value to be found in South African stocks.
Dow Jones
🔒 Shares in Chinese companies crash after Xi Jinping stacks party with allies – with insight from The Wall Street Journal
US-listed Chinese stocks plunged to their lowest level in nearly a decade, one day after Xi Jinping secured a third term as leader of the Communist Party.
🔒 The Dow is officially in a bear market. Here’s what to know. With insight from The Wall Street Journal
The Dow Jones Industrial Average has fallen into what investors call a bear market. Here’s what you need to know about the grizzly decline.Â
🔒 Stocks suffer worst day since June 2020 – with insight from The Wall Street Journal
Stocks suffered their worst day in more than two years. Inflation eased to 8.3% in August but came in higher than economists anticipated.
🔒 Sliding earnings forecasts pose next test for markets – with insight from The Wall Street Journal
Markets have been resilient. That is in part because companies are still expected to report modest earnings growth through the rest of the year.
🔒 Can the stock market end up positive for the year? With insight from The Wall Street Journal
You might think that exploring such a possibility is little more than idle speculation, given that the stock market is so far below where it was at the beginning of 2022.
Thinking of selling in May and going away?
It’s probably best, though, to steer away from investment clichés like ‘sell in May’ to make sure your portfolio stands the test of time.
🔒 Perspective for those confused by Mr Market’s antics – with insight from The Wall Street Journal
For more than a year it seemed as if the stock market could only go up. In the past week, that illusion has been shattered.
Market Movers: Nasdaq, S&P, Dow Jones, PPC and Sasol
All of the major US indices – Dow Jones, S&P 500 and Nasdaq – slipped more than 3% before ending the trading session in the green.
🔒 Premium: Omicron identified in Californian from SA; Dow drops 1000 points
Last night, the Dow reversed by almost 1 000 points on news that Omicron had been picked up in California after a recent visitor to SA tested positive.