US crude stocks fell 7.1-million barrels in the week to August 12, Energy Information Administration data shows
In the long term, things are picking up with most of the S&P 500 companies
Unexpected resignation of the central bank governor has fuelled speculation about how the country will deal with mounting pressure on the Egyptian pound
The party’s internal leadership contest in December is expected to gain momentum once the the nomination process kicks off
Group markedly increases its quarterly dividend payout
The rand will continue to lose value if we don't adopt policies that create a superior emerging market with a far lower risk premium
SA rugby fans took a while to warm to competition
‘It is worrying that some other conditions, such as dementia and seizures, continue to be more frequently diagnosed after Covid-19, even two years later’
Global markets have taken a massive dive and life as we know it has changed in response to the coronavirus pandemic; but our hopes and dreams, including our investment goals, probably haven’t. What matters is how we respond to crashes and crises.
“We should expect a market crash every six years,” says Wynand Gouws, a certified financial planner at Gradidge Mahura, in a newsletter to clients. A market crash or bear market is defined as a market correction where the market falls by more than 20% from its previous high, Gouws says. The biggest stock market in the world, the US, has experienced 16 bear markets since 1926, averaging one bear market or correction every six years. “The average of these market losses has been 39%,” he says...
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