Weekly Market Update 2nd week November | #eBizMoney | Andre Botha

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BizMoney

In a shock to most people and pundits the world over, Donald Trump was elected by the American people to be the next President of the USA. Despite loosing the Popular vote to Democratic rival Hillary Clinton, Trump won the electoral college (and thus the presidency) comfortably with a much stronger than expected showing in the Midwest cementing his victory.

Markets reacted initally with shock, the effect was immediate and dramatic but has since stabilised as the market has processed this information. Locally the reaction was felt negatively with the Rand loosing value as well as the JSE falling upon opening.

We discuss these events as well as other economic news of the week with Andre Botha of TreasuryOne.

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http://www.treasuryone.co.za/

TreasuryOne provides a daily market view and daily market rates in the morning and afternoon via Whatsapp. If you want to receive up to date market information, please add the following number to your contact list – TreasuryOne market rates no 061 109 3649 and complete the following form for us to add you to the service.

BizMoneyAndre Botha in conversation with eBizRadio’s Nick von Stein

 

PODCAST | Click HERE to listen


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eBizRadio

eBizRadio is a live multi- platformed social media service providing an online forum to the business community for holding conversations on the key issues related to specific businesses as well as availing a space for cross-business collaboration in response to key issues affecting the world of business. The place to go if you want to know about business and lifestyle

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