Energy stocks take a big hit Segment 01

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‘I think it’s going to be a tough time for the Fed in terms of what they are going to do.’ – Paul Chakaduka – senior trader, Purple Group.
25 Jan 2016 4PM English South Africa Business · News

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Market Watcher: Choppy waters for the markets

Nick Kunze of Sanlam Private Wealth discusses the JSE's decline, driven by higher oil prices, Google's AI spending and interest rate uncertainty. He explains why the MPC's decision to hold rates is good for consumers, and reflects on weaker US markets, Google's $6 billion AI investment and Tesla's lower profits.
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