Uncertain times call for cautious decision-making. Over the past month we’ve seen the return of some volatility in financial markets. Note the word "some". It has been a very long time since we’ve seen any real volatility, and now when the market gyrates a little, it feels like the end of the world.

I suppose that statement requires some context. US markets have had a long period of excessively low volatility and stable prices. SA has not been that lucky. Our market has churned sideways for almost four years now and has not really offered any real return.

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