Last week’s economic indicators and market performance signal cautious optimism, with inflation cooling in key regions and corporate earnings boosting confidence.
The Nasdaq briefly surpassed the 20,000 mark this week, reflecting a year of robust U.S. economic growth, rising corporate profits, moderating inflation, and central-bank easing.
The U.S. election concluded with a clear victory for Donald Trump, securing Republican control of the presidency and Senate, and potentially the House as well.
Week in Review: South Africa’s CPI Hits Lowest Level Since March 2021
According to its updated World Economic Outlook, the International Monetary Fund (IMF) projects global economic growth of 3.4% for both 2024 and 2025...