The global economy may further recover in 2021 as the hopes for an effective vaccine going public later this year may strengthen the confidence in both Main Street and Wall Street, and that will set a floor in the stock market. However, limited easing room from central banks hints that another round of big stock rallies are not likely to happen.
Chief Strategist at Fullerton Research, Jimmy Zhu, shares probable monetary measures by policymakers amid the challenging economic outlook and key lessons from 2020 in this CGTN report.