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