Market and economic rebound to depend on successful vaccine roll-out

Tantallon Fund
Tantallon Fund4/16/2021 6:31 AM GMT+08  • 6 min read
Market and economic rebound to depend on successful vaccine roll-out
How India's markets will rebound will depend on how its vaccinations go. Find out more.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The Tantallon India Fund closed 3.44% higher in March with the markets blindsided by dramatic margin calls, mounting anxiety over China aggressively resetting the terms of engagement geopolitically, concerns over higher US Treasury yields and resurgent Covid infections even as mass vaccinations hold out hope for a “return to normal” by the end of the year.

Reflecting on the challenges of trying to map higher market volatility against the ebb and flow of vaccine optimism, fiscal stimulus, US green economy aspirations, rising Treasury yields, geopolitical stress points from the South China Sea to Crimea, gridlock in the Suez Canal, and crowded trades being margin-called, we would simply reiterate our view at 30,000 feet.

We are reassured that credit markets have largely stabilised. We remain comfortable projecting diminished tail risks and a “more or less” synchronised global economic recovery in the second half of 2021 as the pace of vaccinations pick-up.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.