Episode

Macro Monday Ep123: Headwinds and tailwinds for global growth

Podcast: Investec Focus Radio SA
Published: Jul 13, 2026
Duration seconds: 546
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Summary

Global GDP growth looks set to be around 3% this year, as the global economy deals with headwinds from a supply shock because of the war with Iran and tailwinds from artificial intelligence spending, says Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International. While US and Chinese growth is set to slow marginally over the coming year, offset by rising growth in Europe, Japan and emerging markets ex-China. Investec Focus Radio SA