The markets are in turmoil at the moment, and the All Share index is also suffering. At least SA got some respite by Standard & Poor’s not downgrading the sovereign rating on Friday. However, this year, foreigners have been net sellers of bonds to the value of $8bn. Italian banks are the biggest issue as Renzi loses the referendum and resigns.

 

Anthea Gardner – The Money Shot 05.12.16

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