African Stock Markets and the Executive Branch: Who GETS it and who LOST it?
Dear Readers: Stock Markets are a reflection of investors' near-term perception of the country's economy and business environment. The business environment encompasses holistic corporate health and availability of tangible, viable business opportunities across multiple sectors in the country. A stock market can be equated to the 'pulse' of a human being; a very silent messenger with a very loud message. Every living human being has a pulse; this is typically the first thing checked to determine if someone is still alive. A pulse is an afterthought until it gets weak and then it becomes the most important vital sign. A stock market's daily index movement is an afterthought to a President/Head of State until it points in the downward direction on a recurring basis in excess of three months. A persistently downward stock market index speaks loudly ...