Market Watcher: Reconciling the two different markets
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David Shapiro of Otto1890 unpacks ADP numbers and how the US market is taking a
knock. He explains how market sentiment may be pointing to interest hikes in the US
where S&P and Nasdaq are taking losses. He talks about SpaceX going public and
concerns on AI stock bubble. He explains the Rand remains strong at R16.30 despite
equity stocks such as retailers under pressure. He shares how Asian markets
performed, especially AI stocks performance.
knock. He explains how market sentiment may be pointing to interest hikes in the US
where S&P and Nasdaq are taking losses. He talks about SpaceX going public and
concerns on AI stock bubble. He explains the Rand remains strong at R16.30 despite
equity stocks such as retailers under pressure. He shares how Asian markets
performed, especially AI stocks performance.
