NOW ep74: In turbulent times, not all bonds are equal

Loading player...
Not all bonds are equal in a geopolitical storm. Chief Investment Officer for Investec Bank Switzerland Annelise Peers and Investec Wealth & Investment Fixed Income Analyst Awongiwe Booi discuss the role of bonds in times of uncertainty. Listen to the latest episode of the No Ordinary Wednesday podcast.

Podcast key moments:

00:00 – Introduction

01:12 – What impact is geopolitical turmoil having on economies, financial markets and the oil price?

02:36 – How has the bond market reacted to conflicts in the Middle East and the Russia/Ukraine war?

03:44 – What has been the impact of the conflicts and fluctuating oil price on South Africa?

05:32 - How is South Africa’s low growth, high interest rates, sticky inflation and structural issues impacting the local bond market?

06:51 – With strained government finances, how is the global bond market viewing South Africa?

09:10 – Economic growth outlook in major economies

11:27 – What do economic indicators in major markets mean for bond markets?

13:46 – To what extent is Japan a factor?

15:29 – Foreign investors staying the course in emerging markets

18:06 – Interest rates outlook

19:46 – Impact on long-bond yields and currencies

22:44 – Outlook for fixed income markets

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business.

Read more on www.investec.com/now
28 May 2024 English South Africa Business · Investing

Other recent episodes

Everything Counts | Episode 52: Has saving lost its meaning?

We've all heard the advice. Save more. Spend less. Start earlier. In this episode of Everything Counts, Motheo Khoaripe is joined by Investec's Nirvashni Rajkumar (KZN team leader for the Investec financial planning team) and Dorothy Asomaning (Investec Wealth & Investment Wealth Manager) to explore why saving is about much…
28 Jul 27 min

Macro Monday Ep125: Excellent earnings season so far

Although US earnings for the second quarter have mostly beaten expectations, markets appear to have wanted more. Chris Holdsworth, Global Chief Investment Officer, Investec Investment Management, says even companies such as Alphabet that have beaten forecasts have seen declines in their prices after results.
27 Jul 7 min

Macro Monday Ep124: AI capex and competition concerns weigh on stock markets

Increased competition among LLMs and uncertainty about the return on investment on AI capex are all weighing on the market performance on momentum stocks, such as semiconductor firms. Chris Holdsworth, Global Chief Investment Officer, Investec Investment Management, looks at some of the dynamics in global stock markets.
20 Jul 8 min

NOW Ep 131: South Africa’s consumer crunch

Are South African consumers past the worst of the fuel shock? Household budgets have been hit by higher fuel prices, rising inflation and pressure on real wages. But fuel prices are starting to fall. The risk is timing. Will relief arrive before households are forced to cut back further? Host…
14 Jul 24 min

Everything Counts | Episode 51: Managing global travel disruption

In this episode of Everything Counts, we unpack the real-world impact of geopolitical tension on global travel, from grounded flights and closed airspace to the human stories behind stranded passengers. What happens behind the scenes when airlines, advisors, and entire systems are forced to respond in real time? Host Motheo…
14 Jul 29 min