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Good growth figures in Europe, a rebound in many emerging currencies and in oil prices indicate improving economic signs. But the world’s two largest economies, the United States and China, whose country ratings have been downgraded to A2 and B respectively, illustrate the ongoing level of credit risk.
On June 23 the United Kingdom voted to leave the EU, surprising many investors. The uncertainty of the situation and what came next affected all markets in the wake of the vote, and emerging markets were not exempt, with the MSCI Emerging Markets (EM) Index experiencing a post-vote decline.1 Most markets, however, quickly rebounded.
South African households are increasingly cutting back on living expenses as they grapple with their stressful financial positions. This is one of the findings from the 2016 Old Mutual Savings & Investment Monitor, which tracks the shifts in the financial attitudes and behaviour of South Africa’s working metropolitan population.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?