12 Jan 2021 Market Outlook — What to Expect in the Financial Markets This Year
Looking back and planning forward
In other words, we sold a lot of energy and bank stocks and bought a lot of health care, IT and consumer staples in the early days of the pandemic, then we invested in industrials and value stocks later on.
In the longer term, Wachell sees interest rates beginning to rise, which would be good for banks, commodities and metals, and would also help energy prices and Canadian markets. “Those are areas that will take advantage of the global synchronized recovery,” Wachell says.
Join our Market Outlook 2021 Webinar for More Insights
Want to hear more about what to expect in the markets in 2021? Join us for a 2021 market outlook webinar in which we’ll unveil our full insights for the 2021 financial markets.
A few of the topics we’ll be covering, include:
- Global economic outlooks and trends
- How Canada will fare in the post-pandemic recovery
- Society’s new normal and what it means for the markets
- Economic sectors and stocks Genus will be favouring in 2021 and why
- Trends in ESG investing