Market Watcher: Is there method to the madness?

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Sasfin's David Shapiro runs us through the day's market developments, local inflation
and interest rates, the gold price, the consequences of Trump's actions, and the
markets’ reaction to the Vat decision being reversed.
24 Apr 2025 1PM English South Africa Business · News

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Market Watcher: Moving steady and better than yesterday

David Shapiro of Otto1890 notes that markets are in a stronger position, with the S&P in record territory and oil steady, Sarb not expected to raise rates dramatically, IMF growth downgrades, calls for governments to prioritise growth and lasting peace, as well as safe- haven assets.
15 Apr 1PM 9 min