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Podcast: WorldWide Markets with Simon Brown
Episode: Embrace the risk (#506)
Description: Simon Shares Renergen* (JSE code: REN) the Central Energy Fund has successfully completed their due diligence on the R1billion, final approval is still required. Mpact (JSE code: MPT) results. US jobs data and unemployment continue to belie the recession talk. US inflation for July was 8.5%, a good number. A gallon of gas has fallen below $4 in the U.S. for the first time since March. Credit Suisse has lowered its 2023 UK GDP forecast to -0.6% from 0.5%; expects the UK to enter a recession from Q4 2022 until Q3 2023. Elon Musk sold $6.9-billion (R14.5-billion) of his shares in...