JSE falls as recession fears weigh on markets again
Market gains disappeared in a cloud of smoke on Wednesday morning, with no real reason, one analyst said
22 June 2022 - 11:15
The JSE was weaker on Wednesday morning, along with its global peers, as the optimism that sparked a bounce in the stock market at the beginning of the week evaporated.
Growing fears that the economy will tip into a recession have recently weighed on stocks. Last week, the US Federal Reserve raised interest rates three quarters of a percentage point, the central bank’s largest rate increase since 1994...
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