By Alessandro Magnoli Bocchi and Fawaz Sulaiman Al Mughrabi
21 May 2021
In this paper we discuss:
Macroeconomic Context: in Q1-2021, global growth prospects improved, recovery unlikely to be ‘V-shaped’;
Risk Outlook: Rising Downside Risks Threaten Growth Recovery Prospects; A Faster And More Effective Vaccination Deployment Across The World Is Critical;
Policy Outlook: The Pandemic’s Impact On Political And Policy Developments Are Resetting Expectations And Will Continue To Define The Investment Landscape; and
Market Outlook: Unprecedented Fiscal And Monetary Stimuli Will Continue To Support The Recovery In Asset Prices.
