As we begin 2021, we can expect a rocky start with so many developed countries battling again against yet another wave of Covid-19. The good news is, the horizon is now much shorter and the challenge is now a massive logistical undertaking rather than one of pharmaceutical invention.
In our Monthly Market Review, Kevin Quinn, Chief Investment Strategist, Investment Markets, identifies five changes that investors should factor into their thinking for 2021 which will make 2021 different to 2020. On balance most will be positive, but each presents its own challenges.
- From virus to vaccine
- From lockdowns to living life again
- From recession to mini-boom
- From rally to rotation
- From monetary to fiscal