# Everything Counts | Episode 47: How to invest during economic uncertainty Page: https://stenobird.com/podcast/investec-focus-radio-sa-680399/everything-counts-episode-47-how-to-invest-during-economic-uncertainty Text version: https://stenobird.com/podcast/investec-focus-radio-sa-680399/everything-counts-episode-47-how-to-invest-during-economic-uncertainty.md Podcast: [Investec Focus Radio SA](https://stenobird.com/podcast/investec-focus-radio-sa-680399) Published: 2026-05-19T04:00:00+00:00 Episode link: https://iono.fm/e/1676580 Audio file: https://dts.podtrac.com/redirect.m4a/dl.iono.fm/epi/prov_374/epi_1676580_medium.m4a?p=rss Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/investec-focus-radio-sa-680399/episodes/everything-counts-episode-47-how-to-invest-during-economic-uncertainty Duration seconds: 1100 ## Resource When markets feel uncertain, the hardest part isn’t the volatility, it’s knowing how to respond. In this episode of Everything Counts, chief investment strategist of Investec Wealth & Investment International Chris Holdsworth breaks down how to think about investing during uncertain times, and why behaviour often matters more than market conditions. From geopolitics and inflation to shifting growth expectations, we separate market noise from the signals that actually matter – and explore how behaviour shapes long-term outcomes. In this episode, we cover: • What’s really driving economic uncertainty • The difference between market noise and meaningful signals • Why investors make mistakes during volatility • Whether to stay invested or move to cash • What “staying the course” looks like • How to build a disciplined long-term investment strategy • The role of diversification and offshore investing Whether you’re new to investing or more experienced, this conversation focuses on what matters when markets feel unpredictable. Subscribe now for more conversations that prove when it comes to money, everything counts. 00:00 Introduction 01:00 What is driving economic uncertainty 02:30 Market noise vs real signals 04:00 How investors react when markets fall 06:00 Stay invested or move to cash 08:30 What “staying the course” really means 10:30 Mistakes new investors make 12:30 When to invest and what to ignore 14:30 What matters when making decisions 16:30 Diversification and offshore investing 18:00 Practical takeaways 19:30 Closing perspective Investec Focus Radio SA ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/investec-focus-radio-sa-680399/episodes/everything-counts-episode-47-how-to-invest-during-economic-uncertainty/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/investec-focus-radio-sa-680399/everything-counts-episode-47-how-to-invest-during-economic-uncertainty.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.