# Market Watcher: Choppy waters for the markets

Page: https://stenobird.com/podcast/safm-market-update-with-moneyweb-4393/market-watcher-choppy-waters-for-the-markets
Text version: https://stenobird.com/podcast/safm-market-update-with-moneyweb-4393/market-watcher-choppy-waters-for-the-markets.md
Podcast: [SAfm Market Update with Moneyweb](https://stenobird.com/podcast/safm-market-update-with-moneyweb-4393)
Published: 2026-07-23T17:27:00+00:00
Episode link: https://iono.fm/e/1699704
Audio file: http://dl.iono.fm/epi/prov_216/epi_1699704_medium.m4a?p=rss
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JSON: https://stenobird.com/v1/public/podcasts/safm-market-update-with-moneyweb-4393/episodes/market-watcher-choppy-waters-for-the-markets
Duration seconds: 431

## Resource

Nick Kunze of Sanlam Private Wealth discusses the JSE's decline, driven by higher oil prices, Google's AI spending and interest rate uncertainty. He explains why the MPC's decision to hold rates is good for consumers, and reflects on weaker US markets, Google's $6 billion AI investment and Tesla's lower profits. SAfm Market Update - Podcasts and live stream

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## Transcript

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