Global stocks set for moderate gains in 2021 even with challenging economic outlook

Posted by Fullerton Markets on Jan 4, 2021 6:00:00 PM

The global economy may further recover in 2021 as the hopes for an effective vaccine going public later this year may strengthen the confidence in both Main Street and Wall Street, and that will set a floor in the stock market. However, limited easing room from central banks hints that another round of big stock rallies are not likely to happen.


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