Flip the tile to reveal the 5 market surprises in 2021
Vaccine timetable has moved earlier.
Could this allow a faster-than-expected return to normalcy?
Equity markets could experience a euphoric rally if the vaccine timetable shifts even earlier
Ongoing easy fiscal and monetary policy combined with faster normalization could accelerate reflation
Investors may want to revisit asset allocations
Are US tech giants in for a reckoning?
Will a tax code change and tighter regulation mean that a break-up of big tech monopolies is on the cards?
Shift of power from large cap to small cap
Re-allocation to equity income portfolios
Search for dividends
Could fiscal policy disappoint ahead of broad vaccine dissemination?
Will it cause a sharp global economic slowdown?
Consumers and businesses still require a bridge to normalization
Uncontrolled virus spread or stricter shutdowns for longer risk a double dip for economies and markets
Chinese sovereign debt offers yield and downside protection
Could new US leadership set the stage for a reset in US-China relations?
Tariff removal would boost global trade and the economy
Reduced global uncertainty catalyzes a major flow shift from developed to emerging market assets
Work from home has become new normal.
Could economies be more vulnerable to disruption from a cyber-attack?