MARKET VIEWS
Market Review And Outlook: Vaccine Rollouts And Abundant Liquidity To Support Market Performance
By Alessandro Magnoli Bocchi and Fawaz Sulaiman Al Mughrabi
21 May 2021
In this paper we discuss:
- Macroeconomic Context: in Q1-2021, global growth prospects improved, recovery unlikely to be ‘V-shaped’;
- Risk Outlook: Rising Downside Risks Threaten Growth Recovery Prospects; A Faster And More Effective Vaccination Deployment Across The World Is Critical;
- Policy Outlook: The Pandemic’s Impact On Political And Policy Developments Are Resetting Expectations And Will Continue To Define The Investment Landscape; and
- Market Outlook: Unprecedented Fiscal And Monetary Stimuli Will Continue To Support The Recovery In Asset Prices.
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