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Podcast: WorldWide Markets with Simon Brown
Episode: The end of the US$, agan? (#540)
Description: Simon Shares Transaction Capital (JSE code: TCP) results where pretty much as expected. Management have essentially thrown the kitchen sink at everything. H2 will be tough but likely a little better. FY24 a clean slate. But market does not agree with me. Nutun doing good WeBuyCars under pressure, no surprise, consumer cracking SA Taxi real ugly, but as detailed in trading update US unemployment 3.4%. April CPI 4.9%. The end of the US$ Bretton Woods essentially created teh US$ as a reserve currency Now all commodities trade in US$ The end of the...