Weekend Argus Saturday

2020 hindsight: where money was made and lost

FINANCIAL markets fared surprisingly well overall last year, considering the devastating impact of the coronavirus on the global economy, reinforcing the widely held belief that financial markets no longer reflect the “real” economy.

The MSCI World Index, which measures the performance of the world’s top companies, was up almost 20% in rand terms for the year. Some of the world’s wealthiest men have vastly

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