2020 - The good. The bad. The future
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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