JSE Direct with Simon Brown

Market Standard 23 November 2020

Nov. 23, 2020

Offshore

/ Another Monday another vaccine ~ Moderna

/ 12 million Americans are on track to lose unemployment benefits in December if Congress doesn't extend key programs that were part of the CARES Act passed in March.

/ JPMorgan forecasts negative GDP in the first quarter, the first Wall St. bank to begin forecasting a negative reading. JPM expects the economy to bounce back in

/ Amazon moving into the pharmacy business

/ Boeing 737 Max is back

/ Bitcoin heading for new highs & FSCA proposes making cryptocurrencies an asset class.

Local

/ Moody’s & Fitch downgrade SA further into junk.

/ Somebody wants City Lodge East Africa hotels

/ Results; Stor-Age*, Astral Spar

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