South African Meat and Large-Cap Tech

Featuring Alex Rosenberg, Justine Underhill, Roger Hirst

What does cheaper South African biltong have to do with a rally in large-cap U.S. tech stocks? Roger, Justine and Alex discuss the knock-on effects of the shifts in emerging market currencies. Filmed on September 10, 2018.

Published on
13 September, 2018
Topic
Commodities, Emerging markets, FX
Duration
24 minutes
Asset class
Equities
Rating
16

Comments

  • CL

    Chris L.

    27 10 2018 23:36

    0       0

    We need to stop these. The links are so weak it's not even worth listening too.

  • RK

    Robert K.

    14 9 2018 08:41

    2       2

    Very civilized discussion. Unlike the situation on the ground where the 10% of the population openly sings about killing the Boer (white farmers/settlers): https://www.youtube.com/watch?v=6vjb0w67PZ8 . And a taste of the current "parliamentary" culture: https://www.youtube.com/watch?v=Qfbo5GXiMpo

    This is not the South Africa on a reform path. Several factors to think about:
    - decades long brain drain (count the South African emigres in your network)
    - very high unemployment with very low education level in the population
    - failing basic infrastructure (think water)
    - extreme populism, tribal culture

    South Africa has more apartheid now than ever.

  • CY

    CHIHLUN Y.

    14 9 2018 06:42

    0       0

    Having lived for a while in South Africa, it was fun to see the Knock-on Effect crew talk about a food dear to every South African's heart. Although the context is about ZAR getting itself a *lekker thrashing, it's nevertheless fun.

    Also thanks for the explanation about mechanisms of the flow of dollars relative to how the global's assets and currencies perform. I know the concept from watching RV speakers as well as personal readings - but nice to hear the explanation and realise I actually know the meaning without any read to rewind. (Three months ago, I didn't know any of this stuff)

  • YB

    Yuriy B.

    14 9 2018 00:22

    1       0

    Segment is great. Alex's posture is not. Sit up straight man!

  • KJ

    Kulbir J.

    13 9 2018 15:51

    1       0

    Much much better with Roger leading the conversation in person.