Nvidia resignation rattles markets

Detailed summary

Nick Kunze of Sanlam Private Wealth unpacks the impact of Nvidia’s CEO resignation, discusses US-China tensions, AI stocks and the gold sell-off ahead of the US Federal Reserve’s interest rate announcement. Kunze further examines market expectations of a 50-basis-point interest rate hike before the end of the year.

‘More investors started their investing journey with us than in the previous five years [and] I hope what people take from these results is that this is a business that has been built to last, no matter what’ – Purple Group CEO Charles Savage.

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