Episode

Market Watcher: Reconciling the two different markets

Podcast: SAfm Market Update with Moneyweb
Published: Jun 3, 2026
Duration seconds: 440
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Summary

David Shapiro of Otto1890 unpacks ADP numbers and how the US market is taking a knock. He explains how market sentiment may be pointing to interest hikes in the US where S&P and Nasdaq are taking losses. He talks about SpaceX going public and concerns on AI stock bubble. He explains the Rand remains strong at R16.30 despite equity stocks such as retailers under pressure. He shares how Asian markets performed, especially AI stocks performance. SAfm Market Update - Podcasts and live stream