What happens now after GameStop, Robinhood hype – Dawn Ridler
Stock markets have rarely been a proxy to the underlying economy but never has the disconnect between the economy and markets been so stark.
Stock markets have rarely been a proxy to the underlying economy but never has the disconnect between the economy and markets been so stark.
Retail investors on WallStreetBets online forum continue to bid up stocks to levels that exceed even the most optimistic valuations.
South Africans brace for a tightening up of rules aimed at curbing the spread of Covid-19; UK travel ban; Jurie Roux; China stocks.
The upheaval at SAA is likely to be a precursor to labour action at other state-owned enterprises who are trying to trim their bloated wage bills.
The image of the upper echelons of the money-management business operating out of fusty private banks in Geneva or London’s Mayfair, with marble lobbies and fake country-house meeting-rooms, is out of date, says The Economist.
JP Verster shares his ideas on where he’s investing now, the stocks being shorted – and how he reconciles a hedge fund career with his admiration for Warren Buffett, one of the industry’s greatest critics.
The DRC has defended Dan Gertler’s business dealings in the country, five days after he was linked to a bribery investigation by US authorities.
Billionaire investor George Soros is said to be spending more time in the office directing trades and recently oversaw a series of big, bearish investments.
Jim Chanos recommended shorting Johannesburg-based MTN Group as demand for services in its largest markets is being hurt by falling commodity prices.
Warren Buffett says large investors should be frustrated with fees they’re paying hedge fund managers who fail to match the returns of index funds.