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US interest rates and some more good news locally

Last week United States (US) markets closed the week in negative territory: the Dow Jones fell 1.6%, the S&P 500 lost 1.3%, and the Nasdaq fell 0.9%.

Inflation, TV gaming, and growth

Press reports seem to suggest that United States (US) senators have reached some kind of a bipartisan agreement about President Jo Biden’s infrastructure proposal.

The true story about unemployment in South-Africa

Last week, Statistics South Africa (Stats SA) released South Africa’s (SA’s) unemployment statistics for the first quarter of 2021. We are now finally able to start understanding the cost of the COVID-19 pandemic but, even more so, the cost of an ineffective government.

May Economics

As per usual, May was the volatile month that we have come to expect it to be and probably nowhere else was this truer than among cryptocurrencies.

Less and more accommodation

Talk about reducing the extent of accommodative monetary policy in the United States (US) is becoming increasingly common; a weary sign to cash-hungry US and global markets.

Less accommodative and more good news

In the first week of May, the United States (US) posted some disappointing job figures. A survey of economists expected the US to create upwards of 1 million new jobs in April, up from March’s 770,000 figure.

Argumente vir en teen ‘n rykdombelasting

Soos ons weet is die staat se finansies so diep in die moeilikheid dat dit moontlik reeds in ʼn skuldstrik is.

What to expect from petrol prices in 2021

As a South African, you probably cringed during the first week of February when you heard that petrol prices would increase by 81 cents and diesel prices by 58 cents. Unleaded 95 now costs R14.97 at the coast and R15.67 inland

Stiff-necked Americans and modern inflation

Trump is out, Biden is in. Based on the severe and frequent attacks on Trump as Biden’s inauguration approached, many were glad to see the former president go. As an objective observer, I am in two minds about it.