Now ep77: A turnaround for SA Inc

Loading player...
Investec’s Global Investment Strategy Group has increased South Africa’s risk score while maintaining a negative offshore stance. Join Chris Holdsworth, our Chief Investment Strategist, as he explains the rationale behind this positioning and shares his expectations of upside surprises in economic growth and earnings for SA Inc shares. Listen to the latest episode of Investec’s No Ordinary Wednesday podcast.
Podcast key moments

00:00 – Introduction
01:17 – What’s behind Investec’s current global risk-off position
02:18 - What has the market priced in for the U.S? What indicators are you watching?
03:43 – How would a US slowdown impact the global economy?
04:14 – Disappointing economic data out of China, how concerned are you?
05:15 - What are the implications for the rest of the world should Chinese growth slow dramatically?
05:53 – Are we approaching a peak valuation in the U.S?
06:33 – What is the impact on global equities?
07:36 – How are markets responding to South Africa’s new administration?
09:10 - Do you expect structural reforms in South Africa to gather pace?
09:58 – Business confidence is still depressed, are you expecting an improvement?
10:51 – Opportunities for investors in South Africa
12:56 – SA economic growth outlook

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business.

Read more on www.investec.com/now
10 Jul 2024 English South Africa Business · Investing

Other recent episodes

NOW Ep98: Tariffs | Pause and effect

Where are investors seeking refuge amid uncertainty? And will the recent rebound in global stocks last? In this episode of No Ordinary Wednesday, Investec Wealth and Investment International's Chief Investment Strategist Chris Holdsworth, and investment strategist Osa Mazwai explore the ongoing impact of US President Donald Trump’s tariff policies. Podcast…
15 Apr 17 min

Macro Monday Ep 69: US fails to act as a safe haven

US markets have been behaving unusually of late, with Treasury yields rising (weakening) even as the US dollar weakens. Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, argues that this reflects a sizeable negative shift in perceptions about the US economy, with US assets failing to exhibit their…
14 Apr 9 min

NOW Special Edition: Positioning for tariff turmoil

In this special edition of Investec’s No Ordinary Wednesday podcast, we delve into the recent market turmoil following President Donald Trump's controversial tariff announcements, which led to a staggering $5 trillion loss in the S&P 500 in just two days. Investec Wealth & Investment International’s Chief Investment Strategist, Chris Holdsworth,…
8 Apr 17 min

Everything Counts | Ep 19: Managing Taxes in a Deceased Estate

When planning your estate, understanding the tax implications on a deceased estate is crucial. In this episode of Everything Counts, we dive into estate duty, capital gains tax, income tax after death, and how trusts can help with tax efficiency and asset protection. Joining the discussion are: • Nikki Bush:…
8 Apr 20 min

Macro Monday Ep 68: Assessing the fallout from ‘Liberation Day’

The fallout from US President Donald Trump’s ‘Liberation Day’ tariffs continued on global markets on Monday. Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, discusses the big question of whether the tariffs will lead to a recession in the US and elsewhere, and what the long-term damage to…
7 Apr 10 min