- The “risk-on” stock market rotation of recent weeks may not last long into 2021 as it has largely priced in the roll out of COVID-19 vaccines and an economic recovery next year, according to the head of global market strategy at French asset manager Natixis.
“Once we add November and December, how much catch up will be done already?” Dwek asked in a conversation held as part of the Reuters Global Investment Outlook Summit 2021. “Risks are mostly idiosyncratic - domestic politics, global trade, U.S.-China tensions, and debt levels, but for now we see more tailwinds than hurdles,” she said about emerging markets.
“The inflation we will probably get in the middle of next year will be transitory and due to base effects,” Dwek said, adding that any further weakness of the U.S. dollar would be limited.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GameStop stock surge could be upending the stock market, Fundstrat saysThis week's GameStop surge could be upending the stock market as it leads hedge funds to reduce leverage, Fundstrat's Tom Lee says
Source: BusinessInsider - 🏆 729. / 51 Read more »