Global investors have found plenty to worry about in recent newspaper headlines. From surprise elections to sticky inflation, plus “known unknowns” like the US Presidential election, it all adds up to a complex environment to negotiate. Cutting through the noise, and focusing on what’s most material for markets, is essential.

Markets are dynamic, constantly changing. Interest rate cycles and US political shifts are key. Izak Odendaal, Old Mutual Wealth Investment Strategist says that one needs anticipate future trends for successful investing, much like in ice hockey’s strategic play.

The annual Morningstar Investment Conference is set to take place on 17 September 2024 at the Cape Town International Convention Centre this year. The much anticipated in-person event brings together some of the financial industry’s top minds to provide delegates with cutting-edge research, expert insights, and thorough analysis.

The formation of South Africa’s new government of national unity bodes well for the consolidation of state reform and pro-growth initiatives, including better performing parastatals, such as Eskom and Transnet, asserts Navin Lala of Old Mutual Alternative Investments.

The easing inflationary environment has raised the prospect that the South African Reserve Bank may cut interest rates, with Standard Bank forecasting two cuts by year-end. However, higher administrative and home servicing costs will continue to pressure clients, despite potential rate cuts.

The biggest recent global event to affect the rand’s performance was the Donald Trump assassination attempt at the weekend. The recent period of rand volatility amid heightened local post-election uncertainty has now been swapped out for greater sensitivity to global events, most notably the US elections, currency experts say.