US Q1 GDP below expectations and Ipsos poll in SA shows new voting trends

Loading player...
Internationally, the focus of the past week was on US GDP growth in Q1 and personal consumption expenditure (PCE) inflation data for March. US GDP growth, at 1.6% q/q annualized, was below consensus forecasts of 2.5% and below Q4 growth of 3.4%, largely reflecting an increase in imports and a contraction in inventories.
In SA, the latest Ipsos poll ahead of the May National Election showed that the ANC, with likely support of about 40%, will probably need to form a coalition with smaller parties, while the recently-emerged MK Party appears to have won ground at the expense of the EFF.
Click here to listen to the podcast.
29 Apr 2024 English South Africa Investing · Business News

Other recent episodes

SA’s removal from the grey list could contribute to 2026 growth

In this podcast, STANLIB Chief Economist, Kevin Lings, discusses why the Financial Action Task Force decided to remove SA from the grey list today and how this development could contribute to economic growth in 2026. STANLIB is an authorised Financial Services Provider in terms of the FAIS Act and a…
24 Oct 4 min

No resolution to US government shutdown; SA’s retail sales slow

In this podcast, STANLIB’s Chief Economist, Kevin Lings, looks at the economic disruption as the US government shutdown enters its third week, with no resolution in sight. He also considers the slowdown in SA’s retail sales in August, which appears to be largely due to the tapering off of two-pot…
20 Oct 10 min

Trust your manager to navigate through volatile fixed income markets

In the latest episode of our The More You Know vodcast series, Sylvester Kobo, Deputy Head of Fixed Income at STANLIB Asset Management, counsels investors to “get comfortable with discomfort” for the foreseeable future and avoid focusing on short term ups and downs. He also discusses the factors that have…
16 Oct 18 min

Markets soften on US government shutdown, escalating trade war with China

In this podcast, STANLIB’s Chief Economist, Kevin Lings, considers the likely implications if the US government shutdown continues for an extended period. He also touches on export restrictions announced by China on certain rare earth minerals and the US response to threaten higher tariffs on China, which suggest the trade…
13 Oct 6 min

US government shutdown likely to drag on; SA collects more tax than expected

In this podcast, STANLIB’s Chief Economist, Kevin Lings, discusses the reasons for and impacts of the US government shutdown, including on economic activity and business confidence. He suggests that, given current political tensions in the US, it is likely to drag on for a while. He also looks at SA’s…
6 Oct 13 min