Market Watcher: Markets are anticipating the next best thing

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David Shapiro of Otto1890 unpacks the importance of the Brent crude oil sitting
below $100. He explores US stocks and the AI boom being led by Nvidia, which
investors are weighing up selling off for SpaceX and Anthropic. He discusses clothing
retailers being under pressure and his concerns around gold prices amid the falling oil
price. He also unpacks the impact of inflation on interest and his expectation that
interest rates will hold steady.
27 May 1PM English South Africa Business · News

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Market Watcher: Oil prices return to 16-week lows

David Shapiro of Otto1890 discusses weaker gold and oil prices, with crude falling below $75 a barrel for the first time in 16 weeks. He says lower oil prices should support consumers and consumer stocks on the JSE, and expects the SA Reserve Bank to keep interest rates unchanged.
24 Jun 1PM 7 min