What the Rouble teaches us (#488) - WorldWide Markets wit...

What this episode covers

Simon Shares I have closed my Nasdaq long position. Still long FTSE100. Purple Group* (JSE code: PPE) trading update. Looks a little better than I expected. MTN (JSE code: MTN) more Nigerian woes. Reports that Woolies* (JSE code: WHL) may be selling David Jones. Elon Musk buys 9.2% of Twitter (NYSE code: TWTR). Moodys upgrades sovereign and banks from negative to stable. Deutsche Bank says: US recession in 2023 and stocks to fall 20% by summer 2023 * I hold ungeared positions. The Rouble is almost back at pre-war levels against the US$. 20% interest rates, capital controls, no foreign selling on the Moscow Exchange, selling oil & gas in Roubles (maybe), reports of paying interest on debt with Roubles and of course traders in for a buck.

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Frequently Asked Questions

How long is this episode of WorldWide Markets with Simon Brown?

This episode is 18 minutes long.

When was this WorldWide Markets with Simon Brown episode published?

This episode was published on April 6, 2022.

What is this episode about?

Simon Shares I have closed my Nasdaq long position. Still long FTSE100. Purple Group* (JSE code: PPE) trading update. Looks a little better than I expected. MTN (JSE code: MTN) more Nigerian woes. Reports that Woolies* (JSE code: WHL) may be...

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