Why does this matter to me?

Extraordinary volatility both domestically and internationally in equities, bonds, gold, and the Dollar were the hallmark of last week. Although equity prices ended higher, so did bond yields and the price of gold, whilst the Dollar plummeted, causing the Rand to rally from all-time lows midweek. All this has had to do with the uncertainty created by continuing almost daily flip-flops in Trump’s trade policies and ongoing fears of US and global inflation and recession. Domestically, uncertainty still reigns regarding the imposition or otherwise of an increase in VAT and the adoption of the 2025/26 Budget. Uncertainty rules as Trump flip-flops on trade