Markets show temperatures are rising
David Shapiro of Otto1890 unpacks the sea of red across local and international markets, including pressure on consumer stocks such as Clicks, WeBuyCars and Cashbuild. He also discusses oil prices above $100 a barrel, the impact on interest rates and inflation, as well as positive developments in US markets, including Meta’s new AI agent and Apple’s foldable phones.
We haven't written up this one. Moneyweb has the full story — the link below goes straight to it.
