Please see below an article received from Legal & General yesterday afternoon, which outlines their market views on Europe, the U.S. and the U.K:
As you can see from the above, the U.S. has a couple of key themes to keep an eye on namely the scale of the stimulus package that will be announced and inflation. It looks like L&G are positioning for a potential correction in U.S. equity prices. On Europe, they see less opportunity in the short-term and this won’t be helped if their economies have to remain in lockdown until May. Their views on the U.K. are more optimistic, although they remain cautious over potential inflationary pressures.
I think the key note here is that as lockdowns are eased globally, there is scope for economies to rebound and it will be important that you are invested appropriately to catch this potential upside. These are Legal & General’s Fund Managers views and other fund managers views will differ.
Please continue to check our Blog content for advice and planning issues and the latest investment, markets and economic updates from leading investment houses.
Please keep safe and healthy.
Carl Mitchell – Dip PFS
IFA and Paraplanner
16/02/2021