🚨 SOUTH AFRICA MANUFACTURING CRASHES! 🇿🇦
⚠️ This data point is a major red flag for global supply chains and risk appetite.
• SA Manufacturing YoY fell to -1.0% in November.
• This is a massive drop from the previous 0.2%.
• Expect immediate volatility across emerging market assets.
The macro picture is deteriorating FAST. Time to secure profits!