Market review 02 August 2021

Offshore / US GDP 6.5% , below expectations but the economy now larger than pre-pandemic / US moving forward with an infrastructure bill / The U.S. debt ceiling officially became operative again on Sunday after a two-year suspension / Amazon results see stock down 7% / Alphabet results & $50bn buyback / Microsoft results, LinkedIn does +$10bn Local / Tencent woes hit JSE (but all-time closing high on Thursday) / Results; Anglo Platinum, Kumba Iron Ore and Anglo American / Liberty2Degrees results / ArcelorMittal South Africa results / Treasury considering access to retirement savings