NESAN NAIR, SASFIN SECURITIES PORTFOLIO MANAGER

Loading player...
The steadying of the US Treasury market and talk of economic stimulus in Germany and China helped lift Wall Street stocks on Monday.
Yields on the 10-year US Treasury note were solidly higher, rising back above those for 2-year notes, an improvement for an indicator seen as a reliable recession warning.
The Dow suffered its worst session of the year last Wednesday after yields on short-term US Treasuries briefly exceeded long-term notes, but since then, US stocks have risen the last three sessions.
Europe has a 70% chance of crashing into its second recession in the space of a decade, according to leading economist and bond expert, Mohamed El-Erian. El-Erian, Allianz's chief economic adviser, told Financial Newsthat Europe is "quickly losing momentum" and the EU is "teetering on the edge of a significant slump." The call comes at a tumultuous time for Europe, as Germany's central bank just warned Europe's biggest economy could well be headed for a recession after it contracted 0.1% last quarter.
22 Aug 2019 12PM English South Africa Business News · Investing

Other recent episodes

ETFSA PANEL DISCUSSION: Excuse-Proof Investing: Turning Intent Into Action

Most people know they should invest. Far fewer actually do. In this special ETFSA panel discussion, Suzan Ramotshabi, Wendy Hlatshwayo and Gareth Stobie unpack the behavioural, emotional and practical barriers holding South Africans back from building wealth, and why successful investing is often more about habits than market expertise
30 Sep 1PM 52 min

Capitec's R9.5 Billion Question: What's Next?

Capitec delivered headline earnings growth of 19% to R9.5 billion while growing its client base to 26.6 million. But the bigger story may be what's driving that growth. CEO Graham Lee explains how fintech, insurance, payments and business banking are reshaping the future of the group and where the next…
30 Sep 1PM 10 min

Novo's New Strategy For South Africa

Novo Nordisk is now simply "Novo", but the rebrand goes far beyond a new name. Sara Norcross, VP and General Manager for South Africa, joins us to discuss obesity, hypertension, healthcare access and why addressing chronic disease has become as much an economic imperative as a healthcare one
30 Sep 12PM 16 min

Shadrack Sibiya Denies Grooming 16-Year-Old

Kaya News Reporter Keneiloe Huma joins Phemelo to unpack the latest developments in suspended, Deputy National Police Commissioner Lieutenant General Shadrack Sibiya’s bail application, including the allegations of rape, sexual grooming and human trafficking, which he denies.
29 Sep 3PM 9 min

From Spain to South Africa: Vukile's Next Growth Phase

Retail-focused property group Vukile Property Fund reported strong trading across its South African and European portfolios, supported by healthy sales growth, high occupancy levels and resilient leasing activity. CEO Laurence Rapp joins us to talk about expanding in Europe, integrating newly acquired Spanish and Italian assets, navigating currency headwinds and…
29 Sep 11AM 14 min