The US stock market plunged against anticipations of a future increase in the Fed’s interest rates. Behind the mammoth Yankee, all the financial centers followed.
The famous index of fear reaches new heights. This correction should continue even according to Mostafa Belkhayate, former world champion of the stock market, several times awarded in Paris, New York, Dubai or Casablanca. “This is just the beginning,” warns Mostafa in this special video to readers of Financial Afrik. “The trend is expected to continue,” he says, with candlesticks in support.
For the former student of Faidherbe High School in Saint-Louis (Senegal), the yellow metal, a safe haven, will reach new heights. And advise Africans to stop selling their gold, their metals and return to the land. Agriculture is fertile soil that promises high yields.
In short, Africa must develop its potential and this passes, Belkhayate opines, by revolutionizing education. Financial engineering and blockchains are two key areas where we need to orient students, tomorrow’s elite.
