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There is immense value in understanding the limitations and risks of predictions around events. The recent South African elections presented a major risk event for clients, and in many ways it proved to be a pivotal moment for South Africa’s economic outlook.
The past year in financial markets has caused many investors to scratch their heads. Equity markets continued to climb a wall of worry in the face of a widely expected recession in the US.
The strongest deterrent against FSP compliance missteps is or should be: