Resumo do Relatório
Inauguration week expectations: Eye on the World 18/01/21
Markets ended lower last week, on further disappointing US economic data, and ahead of new Biden administration this week. Underlying cyclical and international rotation continued though, and we forecast a rare third year of 10%+ equity gains.
HOT TOPICS week ahead focus on Pres. Biden inauguration, initial executive actions, US$1.9trn fiscal plan, and cabinet confirmation progress. Q4 earnings spotlight after banks started strong. G4 Dec. flash PMI’s will show degree of slowdown from new virus lockdowns.
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