NOW Ep98: Tariffs | Pause and effect

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Where are investors seeking refuge amid uncertainty? And will the recent rebound in global stocks last? In this episode of No Ordinary Wednesday, Investec Wealth and Investment International's Chief Investment Strategist Chris Holdsworth, and investment strategist Osa Mazwai explore the ongoing impact of US President Donald Trump’s tariff policies.

Podcast key moments:

00:00 – Introduction
01:09 – What’s been the market reaction since Trump’s tariff about turn?
01:46 – Why was there a huge bond sell-off?
03:05 – What does the US bond market turbulence mean for SA?
04:21 – Is the US still a go-to safe haven?
05:26 – What other safe havens are investors looking to?
06:58 – Can China rely on domestic demand to drive growth?
08:39 – How does the tariff pause on SA impact investor sentiment?
10:11 – What are markets watching regarding the GNU?
12:05 – Currency expectations?
13:09 – Recession in the US?
14:37 – How are tariffs disrupting global supply chains?

Read more on www.investec.com/now

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business.
Chapters
  • 00:00 Introduction
  • 01:09 What’s been the market reaction since Trump’s tariff about turn?
  • 01:46 Why was there a huge bond sell-off?
  • 03:05 What does the US bond market turbulence mean for SA?
  • 04:21 Is the US still a go to safe haven?
  • 05:26 What other safe havens are investors looking to?
  • 06:58 Can China rely on domestic demand to drive growth?
  • 08:39 How does the tariff pause on SA impact investor sentiment?
  • 10:11 What are markets watching regarding the GNU?
  • 12:05 Currency expectations?
  • 13:09 Recessions in the US?
  • 14:37 How are tariffs disrupting global supply chains?
15 Apr 2025 English South Africa Business · Investing

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