Make forecasts on the basis of objective analyses, and not on what suits your book or the book of your clients. It doesn’t help to be popular but wrong. 7. Be grateful if you are sometimes right in this difficult game of trial and error - it may not happen again. 5.
Concluding remarks The integration of South Africa in the world financial markets is an on-going process that is linking developments in the major financial aggregates in this country more and more to developments in the rest of the world. Because of this process, economic forecasting has become much more complex.