Lorne Steinberg's Top Picks: Jan. 22, 2021 BNN Bloomberg VIDEO SIGN OUT Focus: Global value stocks and high yield bonds MARKET OUTLOOK: Despite the high number of COVID-19 infections and hospitalizations at present, the vaccine rollout should be completed in most countries by year-end, at which time the global economy will settle into a new normal. In the meantime, we expect governments to continue to borrow funds to support the economy, with central banks providing ongoing monetary stimulus. All of this suggests that corporate earnings should rise substantially this year and next, most notably in those sectors which have lagged due to the pandemic.