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Northern Trust 2021 Outlook Says Strong Economic Growth Likely as Vaccination Reopens Economy


Northern Trust 2021 Outlook Says Strong Economic Growth Likely as Vaccination Reopens Economy
U.S. High Yield a Sweet Spot Amid Continued Low Rates
Northern Trust, a leading global asset manager with $1.3 trillion in assets under management, expects strong economic growth as Covid-19 vaccination reopens dormant parts of the economy and pent-up demand fuels consumer spending.
We expect positive returns across most equity markets in 2021, but given already strong market valuations they will be unlikely to reach the surprisingly robust levels realized in 2020, Northern Trust Chief Investment Officer Bob Browne
said. He added, We anticipate interest rates remaining low and recommend investors take on duration risk where appropriate. ....

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