Economic Update – The Recovery Continues

/ / Market Update

With a swathe of good news coming from a variety of economic indicators we have seen global equity markets continue to rise. The vaccine rollout continues to be a focus for investment markets despite the patchy and limited rollout to date. Global economic activity looks certain to continue to recover during 2021 and 2022 providing markets and policy makers plenty to consider. A strengthening world economy is supportive of equity valuations but is a negative for bonds and other fixed rate income investments where the prospect of higher inflation has caused bond managers to fret. Regardless, GDP and many other metrics are all pointing in the right direction and we are seeing a ‘V’ shaped recovery. As the recovery continues, we will see some of last year’s dislocations in investment markets rebalance throughout the year.

210312_NewsFeed_RoystonCapital.pdf (122 downloads)