What a week it was!
Happy Friday and even though it was a short work week this week it has been filled with all kinds of drama, cynicism, optimism, and opportunity with a few curveballs to keep us sharp.
World Market Watch
Israel’s bombing of Iran has rattled global markets. A potential US counterstrike could trigger a sharp global selloff, send oil prices soaring, stall expected rate cuts, and spark a rush to safe-haven assets, warns deVere CEO Nigel Green.
Investors are urged to brace for rapid volatility and a chaotic repricing across major asset classes. Volatility is coming - savvy investors should prepare and stay alert.
Local Market Pulse
After a drawn-out seven-year legal saga, the Gupta-linked Saxonwold properties are finally heading to auction. This moment represents more than just a sale, it’s a signal of long-awaited accountability and relief for creditors. It’s also a symbolic step forward for South Africa’s property sector, reinforcing investor confidence and market credibility.
