EDITORIAL: Stock market’s dark night brightens into a sunny dawn
Predictions of permanently declining fortunes have missed the mark as both the all share index and the top 40 index have extended 2020 gains
24 May 2021 - 05:00
If you had listened to prophecies of doom and gloom for SA equities a year ago, you must be annoyed with yourself right about now.
True, it seemed like the end of the road for SA stocks in March 2020 when it became clear that the pandemic was set to shatter all expectations of the 21st-century version of the “Roaring 20s” and trigger the steepest global recession in generations. ..
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