Vaccine a shot in the arm for cyclical stocks: The global outlook for the next 12 months
Covid jab offers hope of recovery amid lockdowns
Luca Paolini of Pictet Asset Management
Having emerged from a tumultuous 2020 with gains of more than 10%, global stocks are set to build on their rally over the next 12 months.
The Covid-19 vaccines allow us to look beyond the pandemic and focus on the strengthening economy. Aggressive fiscal and monetary stimulus around the world have helped engineer an economic recovery, encouraging...
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