Tag: Cannon Asset Managers
Amid the dismal GDP and unemployment numbers that South Africa has seen in the past few weeks, the economic recovery prospects of the country has been strained. However recent PMI and businesses confidence indexes has shown a slight uptick in growth prospects as lockdown restrictions ease and businesses go back to work. Joining CNBC Africa to unpack a 4th quarter economic outlook and a mid-term-budget outlook is Adrian Saville, CEO of Cannon Asset Managers.
The South African Reserve Bank is set to announce its policy rate decision this afternoon, will analysts divided on whether rates will remain unchanged or cut by a further 25 basis points.
A bit of history has been made in the last 24 hours, as gold has it a record $2000 an ounce. As volatility rises in the markets, so does demand for the safe haven investment. So where is gold going now? Adrian Saville, CEO of Cannon Asset Managers joins CNBC Africa for more.
In 2006, little known economics professor Nouriel Roubini warned that the US housing market was at risk of collapsing. Fast forward two years and it did, triggering the global financial crisis. Roubini, now known is Dr Doom is forecasting another economic depression, contradicting the consensus view the recovery from Covid-19 will be V-shaped. Dr Adrian Saville, CEO of Cannon Asset Managers joins CNBC Africa for more.
“The lessons learned from the GFC encouraged policymakers worldwide to work furiously to get economies back into shape through a series of fierce and co-ordinated policy responses to the impacts of Covid-19. In turn, this has encouraged a consensus view amongst economists that the recovery from the crisis will be V-shaped,” writes Cannon Asset Managers CE Adrian Saville.
This week markets have seen declines last seen during the 2008 global financial crisis as the coronavirus, oil price slump and travel bans have sent economies and stocks into a frenzy. Joining CNBC Africa to unpack the investment cure for COVID-19 is Adrian Saville, CEO of Cannon Asset Managers.
After enduring a trying decade under mismanagement, South Africa enters the new year in a better place than 2019 economically and politically. With recovery underway, South African, assets as a broad category, are attractively priced. Joining CNBC Africa to unpack three stocks that will boost your portfolio in 2020 is Adrian Saville, CEO of Cannon Asset Managers.
Join this CNBC Africa panel as we unpack the Eskom crisis and find solutions to turn around the beleaguered SOE.
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