Sensible investment decisions cannot be taken in isolation from the realities of socio-political and economic trends.
The degree to which a government decides to regulate socio-economic activity, combined with the constant matching of supply and demand in a globally predominant free enterprise system, ultimately determine a country’s level of welfare.
Welfare, however, is never static and the nest eggs that individuals nurture for a rainy day in the future may to a varying extent be influenced and measured by the level of and changes to indicators such as the GDP, interest rates, inflation, unemployment, the money supply, fiscal policy, exchange rates and the balance of payments.
In the ongoing quest to provide clients with information that is relevant to the environment in which the investment industry operates, The Optimum Group has decided to publish a concise monthly economic overview available on our website for the public. This column is written by Dr. Roelof Botha, economic adviser of The Optimum Group and an award-winning economist who teaches applied macroeconomics at GIBS (part-time).