It’s been 10 years since global equity markets hit their lows on the back of the Global Financial Crisis.
It has been a tough year for South Africans and, unfortunately the ‘Ramaphoria’ feel-good factor didn’t linger beyond the first few months of the year.
It’s that time of year again where more than 3 000 of the world’s top leaders including heads of state, central bankers and representatives from many of the world’s top companies converge on the little town of Davos, Switzerland for the annual World Economic Forum (WEF).
In 2019, the fiscal stimulus in the United States (US) is likely to change from a tailwind to a headwind and the country is likely to re-couple with the global economy into a slowdown – but this should not panic investors.
A downgraded economic growth outlook would always mean that revenue estimates would be reduced.
Global and local equity markets have declined significantly since the beginning of the month.
“I wanna be there when the people start to turn it around”.
Is it relevant, and what does it mean for the South African investor?
The medium-term budget policy statement and positioning ahead of the ANC elective conference in December.
Modern investing merges human insight with robo efficiency, causing some to argue that the role of the human advisor is dwindling. But human judgement still has a vital role to play in active and passive investment strategies.
"...while growth may come in a little higher than the 0.5% we originally anticipated for the year, it is still a very sub-par performance."
S&P cut South Africa’s long-term foreign currency debt rating to one notch below investment grade on the third of April this year.
With more than 2500 of the world’s top leaders including heads of state, central bankers and representatives from most of the world’s top companies Davos remains the premier conference for making contacts and incubating ideas. It certainly remains relevant from an African and South African perspective.
Varying asset classes behave and perform differently during volatile times, making
the process of determining exposure of paramount importance. This requires asking some searching questions.
Global economic growth is expected to be marginally higher in 2016 on the back of ongoing improvement in developed market economies.