In his year-end market recap, Wayne Gillespie, Director & Senior Portfolio Strategist, discusses how the pandemic influenced global markets in 2020 and the reasons behind his positive outlook for 2021.
Here are a few highlights:
- Fixed-income yields to remain low
- Central bank stimulus programs to continue
- Equity-market performance expected to continue
- Positive economic outlook beginning Q2 2021
- Why the pandemic has created a positive backdrop for active management