Save for a few very nervous weeks in Q12020, investors saw excellent returns across nearly every asset class as policy stimulus boosted the economy and vaccine breakthroughs permitted greater optimism about the coming year. As we head into 2021, our investment outlook remains constructive. But the most immediate concern is: how much more lasting damage will the virus do to the global population and its economy before vaccines bring it to a close?

Global economy still in the tunnel

Global Covid-19 cases are rising daily including in the US and Europe (Fig 1), even as multiple vaccines are weeks away from becoming publicly available.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook