Efficient Market Pulse: 21 August 2026

This week’s Efficient Market Pulse examines rising government debt, volatile bond yields and persistent inflation as investors assess the sustainability of global fiscal positions. AI investment remained a dominant theme, with major infrastructure commitments from NVIDIA and OpenAI alongside strong momentum in China’s technology sector. We also unpack softer consumer data, South African inflation and growing concerns around AI safety and interconnected financing. Listen now to gain valuable perspectives from the experts! e: [email protected] | t: 087 944 7999 Efficient Invest is the investment division of Efficient Group (Pty) Ltd. It comprises authorised financial services providers: Efficient Private Clients (FSP 47481), Naviga Solutions (FSP 381), Efficient Select (FSP 859), and Select Manager (FSP 928).