2022 has been a wild year for financial markets:

  1. Surging inflation prompted central banks across the globe to deliver unprecedented rate hikes. With the exception of just a handful of central banks, policymakers turned super hawkish last year to prevent runaway inflation from taking hold.
  2. Following a spectacular year for the USD, in which it appreciated to two-decade highs due to Fed rate hikes, Europe’s energy crisis, the Russia-Ukraine war, and China’s lockdown persistence, the tides appear to be turning against it.
  3. In a world where higher interest rates, buoyant inflation, and rising tax burdens are knocking the wind out of global growth sails, China’s potential slowdown is another major headwind to navigate.
  4. There are many indications that the world economy is already on the verge of a recession.


Wednesday 25 Jan 2023

9:00 – 10:00

Meet the presenters:


During the webinar, we will discuss some of the major events of 2022, and the impact it had on markets worldwide:

  • 2022 Russian invasion of Ukraine, lead to a shock in oil prices, pushing Brent crude above $120 per barrel.
  • The war led to an energy crisis and rising prices in the EU. In South Africa, the unabated Eskom crisis is crippling the economy.
  • Central bankers tried to bring back inflation with unprecedented hikes in interest rates.
  • Massive printing of money in 2020/21 led to inflation spiralling out of control in 2022.

We will also dissect the biggest themes of 2023:

  • Rising interest rates to slow inflation ultimately have knock-on effects, recessions globally are likely.
  • The rising dollar and much higher interest rates, which are likely to persist can cause a sovereign debt crisis, especially in emerging markets.
  • China has had a zero-Covid policy all along and for that reason China’s growth has been slow, keeping supply chains under pressure, but China is slowly re-opening.