Markets don’t care about elections. Or do they?

· · · · | Macro Economic Analyses

Like the election itself, South Africa’s markets are in a quandary. The economy is in a poor state, but SA’s stock markets are verging on record levels. That quandary poses a difficult question: What are SA’s markets anticipating — and what will happen if their expectations are dashed? It’s a cliché by now, but if […]

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