by O'Hagan Attorneys | Jan 15, 2025 | Market Update
2024’s rally sets a high bar to beat The S&P 500 last year experienced its best two-year stretch since 1998, surging 23% in 2024 alone and breaking above 6,000 points. However, momentum slowed considerably in the final quarter as Trump’s election...
by O'Hagan Attorneys | Dec 3, 2024 | Market Update
While initial enthusiasm surrounding Trump’s likely market-friendly economic policies drove the S&P 500 index above 6,000 points for the first time, investors are now carefully weighing the opportunities and risks ahead. South Africa’s JSE All Share Index fell...
by O'Hagan Attorneys | Nov 4, 2024 | Market Update
Stock markets took a breather in the second half of October in anticipation of the US elections. The S&P 500 flattened out in the second half of October, leaving it less than 1% higher for the month, while the SA All Share Index gained 0.5%. Both markets have,...
by O'Hagan Attorneys | Sep 4, 2024 | Market Update
SA and US interest rate cuts on the cards in September If all goes well, SA and US borrowers can look forward to an at least 25-basis point (bp) reduction in interest rates, spelling the beginning of a declining interest rate cycle. There are hopes that one or both...
by O'Hagan Attorneys | Aug 2, 2024 | Market Update
Magnificent Seven come tumbling down The Magnificent Seven stocks (Apple, Amazon, Google-parent Alphabet, Nvidia, Facebook-parent Meta Platforms, Microsoft, and Tesla) have been responsible for the lion’s share of the US bull market in equities since late 2022. So...
by O'Hagan Attorneys | Apr 3, 2024 | Market Update
Light at the end of the tunnel for borrowers – and investors The interest rate hikes central banks implemented over the past two years have been so aggressive that economists have consistently warned central bankers against overdoing it and running the risk of driving...
