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Morningstar's Dan Kemp points out it's not about the news flow, but the valuation of the asset, and based on valuations, the worst of times are actually the best of times for investment.
Nuclear accident, such a disaster back in 1986. we have just had the 36th anniversary of that. indie back in 1986. we have just had the 36th anniversary of that.— 36th anniversary of that. we had never been _ 36th anniversary of that. we had never been in _ 36th anniversary of that. we had never been in a _ 36th anniversary of that. we had never been in a situation - 36th anniversary of that. we had never been in a situation like - 36th anniversary of that. we had | never been in a situation like this where _ never been in a situation like this where a — never been in a situation like this...
While there is a chance that the South African and global economies will emerge positively from the Covid-19 socio-economic crisis, there is a 65% chance that South Africa will continue to “muddle” its way through the next few years of economic challenges.
Momentum Investments has identified three scenarios that it believes will determine South Africa’s future growth prospects.