SA’s long-term outlook not all bad despite pandemic
The economy is headed upwards, but we still have a rough road to travel
27 January 2021 - 16:21
Despite the negative economic effects of Covid-19 globally and in SA in 2020, domestic markets rewarded patient investors who remained invested during one of the most challenging years in history.
After a sharp sell-off in equities, government bonds and the domestic currency during the peak of the lockdown period from March to April, domestic asset prices recovered to such an extent that investors would be forgiven for asking what all the fuss was about. ..
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