In the third quarter of 2022 we saw continued themes of inflation, geopolitical instability, and slow economic recovery. Here we give an analysis on events that moved the market Globally and in South Africa, as well as an investor perspective.
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Looking back at and providing analysis and commentary on what happened economically in South Africa and globally during Q2 2022. Determined by slowdown in global growth, higher inflation, interest rates and geopolitical tensions.
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It’s common to set financial goals at the beginning of the year, when we are feeling refreshed and motivated. However, we are now in the sixth month of 2022, and a mid-year financial review is just what is needed to get you back on track.
Looking back at the first quarter of the year, we consider events that moved the markets. At the start of 2022, the global economy was on a trajectory to bounce back from the Omnicron COVID-19 variant – with some recovery in consumer spending and business investment.
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In this economic review, we focus on events that moved the market in Q4 2021. Globally we saw continued economic growth, despite setbacks such as Omicron, and on the local front, Gross Domestic Product (GDP) continued to be a concern as the impact of July unrest was felt, even as local equities outperformed other developing and emerging markets.
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