Magic Markets
Magic Markets
The Finance Ghost and Moe-Knows
Magic Markets #134: Rate Hikes, Banks and Consumers
21 minutes Posted Jul 19, 2023 at 9:45 pm.
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Show notes

In a week where Ghost was sick and Moe subsequently fell down the stairs (both are OK), perhaps it was fitting to talk about interest rates and the impact they have on the markets.

We covered topics like:

  • An update on the current rate cycle
  • Why countries like South Africa generally follow the Fed hiking cycle
  • The impact on banks in South Africa of the rate hikes thus far
  • Whether any of the sectors on the JSE are giving encouraging guidance at the moment

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