David Rees, Global Head of Economics at Schroders, says rising geopolitical tensions and sustained energy price increases could reignite global inflation, potentially delaying interest rate cuts. A prolonged oil shock may squeeze real incomes, slow growth and increase the risk of a stagflationary environment.

Rising geopolitical tensions in the Middle East have pushed oil prices sharply higher, fuelling market volatility and raising concerns about global growth and inflation. This analysis explores the economic implications of the conflict and what the unfolding crisis could mean for investors.

With the rand strengthening, Wendy Myers explores what it means for investors. She explains how currency cycles influence the JSE Top 40 and why balanced local and offshore diversification remains key to long-term portfolio resilience.

Following South Africa’s 2026 Budget, Johan Minnie highlights how financial advice can strengthen household resilience. The discussion explores why financially capable households support fiscal sustainability, economic participation and a more stable long-term revenue base for the country.

Sanisha Packirisamy and Tshiamo Masike assess South Africa’s 2026 budget, highlighting fiscal discipline under the Government of National Unity, a projected peak in the debt ratio, improving investor confidence, and the critical role of reforms in supporting long-term economic growth.

Global markets may appear calm, but a major shift is underway. Sebastian Mullins explores why investors are rotating beyond the Magnificent Seven, broadening exposure globally and positioning for a stronger, more cyclical economic environment.