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09
April 2025
Schalk Louw featured on CNBC Africa, 9 April 2025
Schalk Louw, Wealth Manager
Wealth
On 9 April, Schalk Louw featured on CNBC Africa discussion the impact discussing the impact of global market volatility on South African assets.
To discover how Schalk can support your financial goals, visit Old Oaks’s website and get in touch today
On 9 April, Schalk Louw featured on CNBC Africa discussion the impact discussing the impact of global market volatility on South African assets.
- Here are some key points from the discussion:
Global Market Turmoil: The S&P 500 is nearing bear market territory, with significant declines in crypto, oil, commodities, and the dollar. - Trump Tariffs as a 'Black Swan': He describes the recent tariffs as an unexpected event causing widespread sell-offs in risky assets.
- Investor Uncertainty: There's concern over a potential underlying crisis, with simultaneous sell-offs in equities and bonds.
- Local Asset Performance: Despite some resilience, South African equities and bonds have also suffered losses.
- Federal Reserve Uncertainty: Doubts remain about the Fed's ability to respond effectively to the current market shocks.
You can listen to the full recording here:
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