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
Commodities, Emerging markets, FX
24 minutes
Asset class


  • 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): . And a taste of the current "parliamentary" culture:

    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


    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.