Day

December 15, 2017

WM Market Update – November 2017

Global. Macroeconomic data in the US continued to confirm a positive trend and this was reflected in equities maintaining their improvement. The Trump administration’s proposed tax reforms gained traction in both the Senate and Congress which provided further impetus for the markets. All the major US equity indices traded at record highs, with the Dow Jones returning 3.83%, the S&P 500 2.81% and the tech heavy NASDAQ 2.17%. Read the full article Domestic. For South Africa the moment of truth arrived during the month in the form of the three major ratings agencies pronouncing on their evaluations of the local economy. Fitch opted to keep its ratings unchanged at BB+ with a stable outlook. Moody’s opted to place its ratings on review for a downgrade – the decision being held over until after the February budget. S&P on the other...
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EB Market Update – November 2017

Global. Macroeconomic data in the US continued to confirm a positive trend and this was reflected in equities maintaining their improvement. The Trump administration’s proposed tax reforms gained traction in both the Senate and Congress which provided further impetus for the markets. All the major US equity indices traded at record highs, with the Dow Jones returning 3.83%, the S&P 500 2.81% and the tech heavy NASDAQ 2.17%. Read the full article Domestic. For South Africa the moment of truth arrived during the month in the form of the three major ratings agencies pronouncing on their evaluations of the local economy. Fitch opted to keep its ratings unchanged at BB+ with a stable outlook. Moody’s opted to place its ratings on review for a downgrade – the decision being held over until after the February budget. S&P on the other...
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