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The cyclical sectors which include consumer cyclicals, basic materials, financial services and energy have a considerable correlation with different phases of the business cycle. The defensive sectors such as consumer staples, communication services, healthcare and utilities do not.
South African investors able to diversify portfolios with dynamic asset allocation.
Despite the decision by Standard & Poor’s (S&P) to downgrade South Africa’s sovereign credit rating, the country could continue to improve its attractiveness as a Foreign Direct Investment (FDI) destination, according to leaders of some of the country’s most respected companies.
It is easy to get caught up in the short-term noise and negative sentiments about our economy, our politicians and the world. But when it comes to making investment decisions, investors would do better to remind themselves of their long-term objectives, ensuring they view share market behaviour from the correct time-perspective.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?