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Market Standard (#008) 01 Jun 2020

An episode of the WorldWide Markets with Simon Brown podcast, hosted by JustOneLap.com, titled "Market Standard (#008) 01 Jun 2020" was published on June 1, 2020 and runs 59 minutes.

June 1, 2020 ·59m · WorldWide Markets with Simon Brown

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Global

/ US past 40million initial claims and Q1 GDP updated to -5.0% from -4.8%

/ Personal saving rate 33% in April

/ Germany's Business Climate Index rose to 79.5 in May as the country reopens

/ Reuters ~ China's May factory activity returns to growth but demand remains weak

/ China US tensions increasing

/ Bill Ackman's Pershing Square Capital Management announced it had sold off its entire stake in Berkshire Hathaway. BH has $133.3 billion hoards of cash vs S450 market cap (third of assets are lazy and not been deployed).

Local

/ PSG announced CPI unbundling details (14 CPI for every 100 PSG)

/ Woolies update, spending AU$100million on Australia

/ TigerBrands results as branded goods come under further pressure.

/ Famous Brands very pessimistic on casual dining recovery

/ Stats SA delayed April CPI by a month due to difficulty collecting data

/ PIC talking about converting Eskom debt to equity

Global Financial Markets Podcast by Mayer Brown Mayer Brown The Global Financial Markets podcast helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing our global resources from multiple practices and offices, the podcast provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs. Don't Mess with Nature Andrew Mitchell Economists estimate the economic fall out from the COVID-19 virus pandemic could approach $10 trillion dollars, or around one eighth of global GDP. A letter to the World Health Organisation this week, signed by almost 250 organisations, points to a solution. A massive crackdown on wildlife trade markets worldwide. It is time to call out this health crisis for what it is - a by-product of the US$ billion trade in environmental crime.When seeking the origins of this COVID-19 crisis, we need to look less into human health, but into the collective blindness among regulators and within the financial sector of the huge dependencies the global economy has on biodiversity, and the devastating impacts on us all when our effect on these dependencies, becomes increasingly unsustainable. COVID-19 is nature’s $10 trillion dollar bite back, and this is just the beginning Hosted on Acast. See <a style='color:grey;' target='_blank' rel='no MULTI Casts Engineering Michiel Bongertman MULTI.Engineering is an engineering company with offices in Belgium, the Netherlands and Slovakia. We provide engineering services towards the Maritime & Offshore, Building & Infra and Industry markets. Founded in 1996 we have evolved to a worldwide operating group employing over 250 engineers and experts. MULTI casts Engineering Niko Fierens MULTI.engineering is an engineering company with offices in Belgium, the Netherlands and Slovakia. We provide engineering services towards the Maritime & Offshore, Building & Infra and Industry markets. Founded in 1996 we have evolved to a worldwide operating group employing over 250 engineers and experts.
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