Global / GDP

Macro Insights Weekly: Shape of 4Q20 and 1Q21

Taimur Baig, Nathan Chow / January 11, 2021
Markets are keen to leave the tumult of Brexit and US elections behind, and embrace the upside of vaccine rollout and fiscal stimulus in the US and EU.
Key summary points
  • For Asia, 2020 ended positively, with signs of economic rebound and successful pandemic management
  • A post-Covid world, however, is far away
  • Vaccine rollout will have to continue unimpeded through 1H21 for the pandemic to come under control
  • There are many pitfalls associated with vaccine rollout
  • In the case of successful rollout, stimulus measures would fade, causing rise of credit risks

Macro Insights Weekly: Shape of 4Q20 and 1Q21

Photo credit: Unsplash

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