Silicon Valley Bank (SVB) and Credit Suisse … A Perspective
The situation with Silicon Valley Bank and Credit Suisse has caused some concern. Please see a link to an article by Peter Conniff, Head Trader at Castlestone Asset Management for commentary (some of you are invested in Castlestone in your Offshore Funds).
Click on the link to open the article Silicon Valley Bank and Credit Suisse
Disclaimer: Castlestone cannot guarantee the content that is provided in the banking update.
Weekend Read: What Lies Ahead for Investors in 2022
What Lies Ahead for Investors in 2022 by Kevin Lings, Stanlib’s Chief Economist. Click here to read the article.
Weekend Read: Rand Trends Over The Long-Term
Rand Trends Over the Long-Term, Alison Barker – Analytics Consulting FX Solutions
Weekend Read: Thoughts on the 2020 Budget
Thoughts on the 2020 Budget – Joanne Baynham, MitonOptimal
Weekend Reads: Are We Going Nuts?
I thought this Moneyweb article was an excellent summary of Finance Minister Tito Mboweni’s medium term budget policy statement, but if you can’t manage to hold your attention for the entire article, the post below from The Atlantic might explain why…
- Mini budget in a Nutshell – Moneyweb
- Is Google Making us Stupid? – The Atlantic
Weekend Reads: Trump and Technology
Two interesting reads for the long weekend. I hope you find them as insightful as I did:
Trump’s trade war: even worse than you think, by Professor Barry Eichengreen
Why Technology Favors Tyranny (An article adapted from Yuval Noah Harari’s book, 21 Lessons for the 21st Century) – The Atlantic
The Lighter Side of Investing with Archie
Archie has a new designer collar!
As many analysts had expected, economic data has revealed that SA’s unemployment rate climbed to an all-time high of 29% in the second quarter of 2019.
On a more positive note, however, retail sales growth beat expectations for a second straight month in May. Retail sales are likely to get a further boost from the SA Reserve Bank, which cut the repo rate by 0.25% in July.
No wonder then, that Archie is splashing out on the high street!