John Greenwood OBE will discuss the stimulus by governments and central banks vs the pandemic’s curtailing effect on the economy – how these forces will interplay and evolve in 2021, the implications for investment, economic activity, and inflation.
• Governments and central banks have provided unprecedented support to their economies since the onset of the pandemic.
• However, COVID-19 is still rampant in Europe, North America, and elsewhere, leading to renewed lockdowns.
• In view of the tensions between the stimulus injected by the authorities (the monetary and fiscal factors) and the progress of the pandemic (a real factor curtailing economic growth), investors, businesses, and consumers are asking which will dominate in 2021.
• John Greenwood will present his overview of how these forces will evolve in 2021 and the implications for investment, economic activity, and inflation.