Tag: 1929 Great Depression
Is a recession a good time to start a business venture?
Considering that South Africa won’t see the full roll-out of a COVID-19 vaccine until later this year, and is still reeling from the first and second COVID-19 wave, one might assume that now is not an opportune time to consider starting a new business venture.
Economic strain – are markets corona proof?
Global equities rallied close to 40% from March lows to post one of the strongest quarters in a decade. The rally was led by the United States (US), perversely the country with the most COVID-19 cases globally, with healthcare and tech stocks up a combined 23%.
Setting the stage for a new dawn
As Shakespeare said: 'all the world's a stage, and all the men and women merely players.' Today, COVID-19 is the world's dominant player, and it is wreaking havoc.
Investing in a post Covid-19 world
As the coronavirus sweeps its way around the globe, the trends established in most countries in terms of taming its spread after lockdown appears similar to that set in China. While it might take somewhat longer for some of those countries that started their control measures later, the outlook seems positive and the trend is definitely moving in the right direction.
Moody’s downgrade creates long-term recovery for SA investors
Recent weeks have seen the local market hit by a triple whammy. Both local and global markets have crashed as the economic impact of the COVID-19 pandemic begins to be felt resulting in a market sell-off; a rapid decline in oil prices has created a global supply shock. In addition to that, ratings agency Moody’s downgraded South Africa’s credit rating to junk or sub-investment grade.
