4 reasons Credit Suisse is optimistic about 2021

Livewire Exclusive

Livewire Markets

Stock markets have likely seen the worst of the pandemic-driven recession, and less protracted bond price falls than many expected point toward a far happier 2021 for investors, says Credit Suisse Australia’s CIO Andrew McAuley.

Large macro themes have dominated this year – international lockdowns to stem the spread of COVID, the Trump-Biden showdown ahead of US Election, and simmering US-China trade tensions. 

But McAuley, who heads up Credit Suisse’s local multi-asset team, notes the election will be run and won by mid-November and the US-China trade dispute “seems to be working its way through the system and isn’t having much effect.”

And on the pandemic front, he expects far less aggressive responses to the more muted second-wave of infections many countries are experiencing. The manager’s global pharmacy team is also tipping good news soon from one of the four leading contenders.

 

Credit Suisse Private Banking specialises in asset diversification, holistic wealth planning, next generation training, succession planning, trust and estate advisory, philanthropy. Stay up to date with Andrew's latest view by clicking the follow button here.


........
Livewire gives readers access to information and educational content provided by financial services professionals and companies ("Livewire Contributors"). Livewire does not operate under an Australian financial services licence and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) in respect of any advice given. Any advice on this site is general in nature and does not take into consideration your objectives, financial situation or needs. Before making a decision please consider these and any relevant Product Disclosure Statement. Livewire has commercial relationships with some Livewire Contributors.

1 contributor mentioned

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.