Investments

When simplicity just works

Steady as she goes

A lot can change in a year. Eleven central banks cut interest rates in January 2025, while only one did so in January 2026.

The global fiscal stimulus party is underway – but a reality check awaits

Apart from Argentina, fiscal stimulus globally is ramping up. And while it looks good for global growth in the short term, it may be a bit too soon to pop the champagne as a renewed era of global government spending could be a double-edged sword.

And now for something politically different

It can be difficult to measure the macroeconomic and political ‘temperature’ of a country when you rely solely on asset manager outlook presentations. Those who manage billions of rand for South African investors tend to spin every bit of drama into something positive, because assets under management accrue on confidence as much as on fundamentals.