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Showing posts from December, 2020

2021 Outlook Review

As 2020 comes to a close, a new year in 2021 demands our attention. The top institutions have released their takes on what the next year will look like financially as one of the most dramatic years comes to a close. Global economic and financial outlooks have the tough task of reviewing the cornucopia of troubling events from 2020 while looking forward to what 2021 could bring. Some central themes can be picked out in the following annual outlooks but also key differences. In the decisions of what to keep in and out of the report, we can see what is expected to be the driving economic forces in the new year. Vanguard Wells Fargo BlackRock Lazard Merrill Lynch JPMorgan Citi The two themes most dominant in all the outlooks were the easing of COVID-19 and a continuation of easing in central banking policy. Every report saw these as driving forces in 2021 as they were in 2020, and of course, it's no secret that these would be chosen to guide the discussions. More specifically, COVID-19...