BBB Ep 20 - Fed to hike rates 0.75%, but market already expects cuts in 2023; SA's informal economy booming; European banks, US dollar and Ukraine's f..

Although Friday's profit-taking removed some shine, share prices around the world experienced a good week, especially some of the JSE's fallen angels that rose sharply to regain some lost ground over the past few months. This episode of the BizNews Breakfast Briefing also features highlights of two fascinating interviews - informal economy guru GG Alcock explains how Covid lockdowns and higher petrol prices have translated into a boom for township business (sparking a land grab by SA corporates); and Stanlib chief economist Kevin Lings explains why far-sighted investors are advised to take advantage of the current opportunity and buy shares now to profit tomorrow. Learn more about your ad choices. Visit megaphone.fm/adchoices