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Market Standard 11 May 2020 (#005)

Market Standard 11 May 2020 (#005)

WorldWide Markets with Simon Brown · JustOneLap.com

May 11, 20201h 7m

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Show Notes

Global / Worst US unemployment since the depression, but lagging indicator. Likely 25% by end May / Last weeks PMI, local and global mostly setting records for worst ever / Nasdaq is up year-to-date / IMF warning that their 2020 GDP forecasts may be too low?

Local / Comair business rescue / Phumelela Gaming business rescue / Our bonds are strong, 10 year at 9.3%, shorter dated below 8% / Anheuser-Busch InBev QoQ volumes down 9.3% / Property stocks and risk of losing REIT status