Today I'd like to show you an easy way to play the markets.
Despite what's going on with:
~ Market scandals affecting JSE Listed companies like The Listeriosis outbreak causing companies like Tigerbrands to take a fall
~ Eskom's request for a 30% hike in electricity prices which will cause lower ROIs in pretty much every company you can think of affecting the share price negatively
~ The... ››› more
It's at it again.
Last year former CEO Anthony Jenkins cut 19,000 jobs at Britain's Barclays Bank.
And now this 300 year-old institution, is planning to cut over 30,000 jobs again in the next two years. This will take the workforce to under 100,000.
You see, the bank's been struggling. In April it reported a huge decline in profits. Here's a little something I read in the newspaper.
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