First signs of moderation in global economic growth, moderation of economic growth in China continues, US Fed signals upcoming reduction in asset purchases, equity markets are getting more volatile.
Although some countries have taken measures to curb the pandemic, the restrictions are limited and the economy is continuing to recover, both in manufacturing and services, says Guy Wagner, Chief Investment Officer and managing director of BLI – Banque de Luxembourg Investments.
Led by the United States and China, the global economy appears tobe set for a significant acceleration, write Guy Wagner, CIO at BLI – Banquede Luxembourg Investments, and his team, in their monthly analysis, ‘Highlights’.
The chief investment officer Guy Wagner from BLI- Banque de Luxembourg Investments walks you through several rotations that have been observed within the equity markets.
Guy Wagner, Chief Investment Officer at BLI – Banque de Luxembourg Investments, and his team, add that the US economy continued to be robust through the end of 2020.