Weekly Commentary and Stock Recommendation: 20th November – 24th November 2023
Global Economy Earlier this week, according to S&P Global, the US private sector’s economic activity grew at a moderate rate in November 2023, with the S&P Global Composite PMI remaining stable at 50.7 (vs. 50.7 in October 2023). While the Services PMI slightly increased to 50.8 from 50.6 during the same period, the Manufacturing PMI […]
Weekly Commentary and Stock Recommendation: 3rd October – 6th October 2023
Global Economy Earlier this week, according to Eurostat, Eurozone retail sales in the 20 countries sharing the Euro fell 1.2% MoM in August 2023 (vs. -0.1% MoM in July 2023). In August 2023, the calendar adjusted retail sales index decreased by 2.1% YoY in the euro area. The monthly fall was caused mainly by a […]
Weekly Commentary and Stock Recommendation: 25th September – 29th September 2023
Global Economy According to the US Bureau of Economic Analysis, the US real GDP increased at an annual rate of 2.10% in Q2:2023 (vs. 2.20% in Q1:2023) according to its third estimate. Relative to Q1:2023, the slower growth is underpinned by lower consumption expenditure, decline in exports and downturn in government spending. These were partially offset by […]
Weekly Commentary and Stock Recommendation: 28th August – 1st September 2023
This is a brief summary of the economic events that occurred this week in the global and domestic space. This report also provides investment strategies for investors in the coming week. Global Economy Earlier this week, China released their Purchasing Manager Index (PMI) data, which surveys large as well as state-owned companies, closed in a […]
Weekly Commentary and Stock Recommendation: 21st August – 25th August 2023
This is a brief summary of the economic events that occurred this week in the global and domestic space. This report also provides investment strategies for investors in the coming week. Global Economy Earlier this week, the BRICS (Brazil, Russia, India, China, South Africa) member nations convened for their 15th anniversary summit in South Africa, […]
