Archive for Apr 2019

Week in Review: US Stocks Set Record Highs

U.S. stocks (S&P 500 and Nasdaq), rallied to record closing highs this week, erasing last year’s decline in less than six months. The main driver for stocks this week was corporate earnings. With over 40% of S&P 500 companies having reported results, corporate profits appear to be on track for small gains in the first…

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Ten Crucial Lessons on Investing in South Africa

Investing is serious business and can be fraught with pitfalls for part-time novices and professionals alike. Mistakes are sometimes made, but those of us who learn from them are better equipped going forward.  Steve Brooks, Director at South African investment and wealth management firm Carrick Wealth, has over 25 years’ experience in the wealth management…

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Week in Review: US Retail Sales Soar

In a shortened trading week, global indices were mixed amid a week filled with economic data releases. US retail sales rebounded in March, China’s economic growth surprised to the upside, US industrial production weakened and the UK kept low unemployment rates amid Brexit uncertainty. In March US retail sales grew by 1.60%, surprising economists who…

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Week in Review: US earnings off to a strong start

World markets ended the week on a high note, with signs of a stabilizing global economy. The IMF cut its 2019 global growth forecast to 3.3% from 3.5% but noted that it expects growth to firm up in the second half of the year (see our chart of the week). In the U.S. JPMorgan Chase…

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