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.
Watch our Market Outlook 2021 Webinar for More Insights
As we look ahead to our 2021 market outlook, it’s impossible not to stop and reflect for a moment on what a journey the past year has been — and not only in the financial markets. COVID-19 has affected us all individually just as much as it has sent the financial markets and economies all over the world on a long and bumpy roller coaster ride that we likely haven’t seen the end of quite yet.
A few of the topics we have covered include:
– Global economic outlooks and trends
– How Canada fares 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