Market Commentary: September 2020
Global Market Themes: Technology stocks’ rally interrupted as Softbank emerges as NASDAQ “whale” Heated first round of US presidential debates leaves investors fretting Uncertainty about further US fiscal stimulus European recovery tentative amidst second round of coronavirus-related lockdowns SA Market Themes: South African recession worsens as second quarter GDP contracts sharply Broad-based increase in unemployment, despite misleading official unemployment rate number South African Reserve Bank sticks to its inflation-targeting mandate in the face of growing fiscal unsustainability