There are other tailwinds too. Relative to other economic downturns, Covid-19 is deemed an exogenous shock, and not an inherent rot in the financial and economic systems. Even so, given how the virus is both a public health and economic crisis, governments are providing the necessary monetary and fiscal stimuli to boost recovery in employment and spending.
Global stock markets are buoyant, but not frothy. Our first portfolio of 10 global stocks last year returned 98.1%. Here are this year’s top picks
Almost to a tee, market commentators are all saying 2021 will be a better year for investors. Given the carnage triggered by the Covid-19 pandemic, economies are all enjoying a lowbase effect from which the performance indicators in 2021 will be measured.
