We May Be Facing A Gloomy Scenario For The Start Of 2021

Science came to help once again. It delivered the much-awaited vaccines, but it cannot solve the economic consequences of a pandemic. For many families, having a job is equally important to avoid the virus. What would millions and millions of households around the world that lost their incomes do once the virus is under control? Could they find a job asap? Doubtful.

2021 may be the year the world wins over the pandemic. It might also be the year when financial markets realise the economic damage.

If that is the case, the USD should bounce strongly. Despite record printing, most debt in the world is denominated in USD – to service it; one needs to buy dollars. Stocks may correct or even enter bearish territory as the USD appreciates.

Risk management skills were never so important as right now.

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Disclaimer: None of the content in this article should be viewed as investment advice or a recommendation to buy or sell. Past performance/statistics may not necessarily reflect future ...

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