Why equities could win out over bonds | JULY 2021
In this episode we’ll be looking at why equities could win out over bonds in the second half of 2021.
Investors are heading into the second half of 2021 in a buoyant mood after an encouraging first half of the year for markets, supported by accommodative policy and rising growth expectations1.
Though the global growth spurt may peak sometime this year, in this episode, we suggest the fundamental backdrop for equities remains positive. Private consumption, the driving force for the GDP expansion and company earnings, is underpinned by healthy finances.
Higher inflation could create more market volatility. The prospect of higher interest rates could disproportionally affect the US and we see more opportunities in non-US stocks.
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This episode was recorded on 27/05/2021
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Available online from 10:00 on the same day .