David Shapiro predicts strong rand surge amid global market optimism

Loading player...
In a dynamic interview with Bronwyn Nielsen, David Shapiro forecasts a potential strengthening of the rand, anticipating significant movements below 17.50. Emphasizing both local initiatives and global economic trends, Shapiro discusses promising sectors like weight loss pharmaceuticals, highlighting Novo Nordisk and Eli Lilly as key players. His insights into the bond market's resilience and the transformative potential of medical innovations underscore optimism amidst evolving market conditions, making this dialogue essential for investors navigating today's economic landscape."

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
28 Jun 2024 3AM English South Africa Investing · Business News

Other recent episodes

BNC#8 truth over hype: Magnus on investing, independence, and winning in a tough economy

Magnus built his career on questioning narratives and pursuing truth - first in journalism, then in financial advice. From navigating market volatility to championing global investing, his journey reflects resilience and independence. In a challenging South African economy, his message is clear: think critically, stay global, and never compromise on…
19 Mar 8AM 23 min

Electoral Road Show - Wayne Sussman: IFP on the march & PA in another show of force…

The results for last night’s six by-elections are dissected on that latest stop of the Electoral Roadshow with Elections Analyst Wayne Sussman and Chris Steyn. He describes the Inkatha Freedom Party’s (IFP’s) “very big night” in KwaZulu-Natal where it won its third consecutive ward off the National Freedom Party (NFP)…
19 Mar 5AM 10 min