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Market & economic wrap: Global markets embrace first expected US rate cut next month
In this episode, Trevor Garvin Head of Multi-Manager at Nedgroup Investments provides a comprehensive market and economic wrap. Key topics include Floyd Shivambu’s departure from the EFF and its political implications, the Springboks’ rugby triumphs, and significant movements in currency and stock markets. Trevor also discusses the anticipated US rate cut, its impact on global markets, and the positive outlook for South African inflation and interest rates. Tune in for an insightful analysis of current economic trends and their potential effects on investments.
