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The rise in life expectancy poses a significant challenge for individuals planning for retirement, necessitating a shift in the approach to financial preparedness.
Financial markets had a strong final quarter of 2023, driven by optimism that steadily declining inflation meant the interest rate cycle had most likely peaked. US Federal Reserve rhetoric in December cemented this belief, with the “dovish pivot” further supporting interest-sensitive assets.
“Beating the market” in investing could be considered an endeavour prone to the trickery of randomness.
Will the SARB begin to adjust interest rates down this year? Will the Fed? Are we risk-on? Risk-off? What about global geopolitical uncertainty? Is it time to get back into stocks? Or stay in the money markets?
If I were tasked with taking my firm’s customer experience (CX) to the next level, I would: