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Sign in Sign up for a FREE subscriptionKingswood releases first quarter investment outlook report
The global economic recovery has, as anticipated, slowed significantly in the past few months, following the sharp rebound seen in third quarter 2020. The extent of the slowdown has varied considerably between the major regions, reported Kingwood investments in its outlook report. However, the vaccine rollout should fuel a strong global rebound from the second quarter.
The euro zone saw GDP contract in the fourth quarter, and the United Kingdom looks set to see a fall in the current quarter. The reason, of course, is lockdowns, triggered by the worse-than-expected second surge in COVID-19 infections. Still, these declines in activity are much smaller than those seen in spring 2020 as economies are better prepared, with more sectors remaining open.
To read the full report, click here.