Leave 2021 behind: Investors must start looking ahead to 2022

Expect stimulus withdrawal and EMs to thrive

clock • 4 min read

Market participants have formed a tight consensus on the likely path of 2021. Even if the crowd is slightly wrong about vaccinations reaching the masses in the spring of 2021, unleashing a step up in mobility and economic activity in the second half, it is likely these events are now fully baked into asset prices.

Unless events come as a complete surprise, it is now a more interesting question to ask what 2022 will look like. Despite vaccination programmes, Covid-19 will still be influencing the global economy to some degree in 2022. While 1 billion people are likely to have been vaccinated by the end of 2021, this would still represent only one eighth of the global population. Moreover, vaccinations will be concentrated in countries representing half the global economy, as developed market economies had a headstart in acquiring vaccine stock. Emerging economies play catch-up While 2021 wi...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

Investment Week launches Geographical Equities Conference 2024

Investment Week launches Geographical Equities Conference 2024

Allianz Global Investors, Downing, EdenTree and Royal London Asset Management among speakers

Investment Week
clock 15 January 2024 • 2 min read
Moody's downgrades China sovereign credit outlook to negative

Moody's downgrades China sovereign credit outlook to negative

Retains A1 rating

Elliot Gulliver-Needham
clock 05 December 2023 • 2 min read
ECB warns high rates are pushing economy towards fragility

ECB warns high rates are pushing economy towards fragility

‘Early signs of stress’ in banks

Elliot Gulliver-Needham
clock 22 November 2023 • 2 min read
Trustpilot