This week on Making Sense, Gareth Edwards and Francis Herd break down a rollercoaster mix of global politics and market reality: Trump, tariffs, a wobbling dollar, and what that does to South Africa.
They start with how currency uncertainty can strengthen the rand (briefly), why gold can surge as nerves rise, and how fast that whole picture can flip again in a matter of days. Then the bigger question: does Trump actually want a weaker dollar; and if so, why?
From cheap imports and expensive exports to manufacturing jobs and inflation risk, they map out the economic logic that sits underneath the headlines. Finally, they tackle the buzzword of the moment: de-dollarization – what it means, why some countries are looking for alternatives, and why the dollar is still very much “the main character” for now.
