2020 Market and economy update

30 Nov 2020

2020 - The good. The bad. The future

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Quick Update

A collection of news in brief from Investec Private Bank

Chris Holdsworth, Investec’s investment strategist shares his insights on global and local economic growth for both individuals and businesses.

He also discusses the Covid-19 pandemic and the impact of the vaccine, the multi-speed recovery period of the SA and world economy, the possibility of higher inflation and commodity prices, the US election, SA’s further downgrades and the strength of the rand, global stimulus and a general outlook for 2021.

Watch the video

Key points

01:02  The global GDP recovery 

01:46  The effect of the vaccine roll-out

02:32   The global 2021 outlook

04:35  The US elections and its impact on global economic growth 

05:53  The recent credit ratings downgrades and the impact on SA’s economic recovery

06:52  The strength and weakness of the rand  

10:40  South African GDP recovery expectations

10:58  The outlook for businesses, SA business confidence and employment creation

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