The year 2020 which most of us want to write-off from our lives is coming to an end, but investors will be a happy lot as the market recouped most of the losses and probably will end the day with a double-digit return. What is your view on markets for the year 2021?
Markets have had a great year so far. We expect a global economic revival post COVID, which will be reflected in stronger corporate earnings. This is positive for global equity markets.
Added to that is the negligible (sometimes negative) yield in the bond markets, which makes investors willing to pay higher for even modestly higher growth.
