In a markets article featured in the Business Report, Mergence CIO Brad Preston is quoted discussing the Rand. He notes that the recent South Africa-specific risks are no longer fully reflected in the currency. The potential for additional Rand strength, he suggests, hinges on global factors, a weakening dollar, and a robust economic recovery in China.
Are the Magnificent Seven losing their shine?
The Magnificent Seven are the group of mega cap stocks – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, Tesla – that