Tag: financial markets

Apocalypse (Not) Now – What to do now that Moody’s has downgraded RSA to junk status

Apocalypse (Not) Now – What to do now that Moody’s has downgraded RSA to junk status

It is true – the country has been down-graded by the last remaining ratings agency, Moody’s, that thought South Africa was worth investing in – somewhat. It would be really bad news, if we don’t take into consideration that the whole world is facing two crises. We are all battling the COVID-19 virus and markets are volatile everywhere.