BBB Thursday 7 July - Fed minutes knock shine off stock gains; Rand, Gold fall sharply; Ian Cameron; Charles Savage

Loading player...
In this morning's BizNews Breakfast Briefing - the US stock market was headed for another strong finish until analysts caught fright, interpreting late released minutes from the Fed as interest rates to rise faster and higher despite a negative impact oin the economy. The see-sawing of sentiment took the shine off equities, but not enough to prevent a stronger overall finish. The Rand and Gold, however, fell sharply. Also in this Briefing - highlights of Michael Appel's interview with suddenly famous GBV activist Ian Cameron; and a thoughtful Purple Capital CEO Charles Savage who compares the recent tech stock meltdown to the Dot.Bomb crash of the year 2000 - and is excited about what comes next. Learn more about your ad choices. Visit megaphone.fm/adchoices
7 Jul 2022 12AM English South Africa Investing · Business News

Other recent episodes

Joburg whistleblower: Looters should be charged with terrorism

In this interview with Chris Steyn, City of Johannesburg whistleblower Stephanus Fourie warns that a new administration will not be able to root out entrenched mismanagement and corruption without drastic action. “Unless you catch the criminals and you lock them up and you take back everything that they've taken from…
26 Oct 6AM 26 min

BN Edge | CEO Sean Summers: Pick n Pay's long road back from the brink

Three years ago, Sean Summers said, the talk at South African braais was whether Pick n Pay would survive at all. On results day, with the supermarket business still losing R516 million in six months and break-even pushed out to 2029, he told Alec Hogg why he wasn't in a…
26 Oct 7AM 31 min