By Philip Lawlor, managing director, global investment research, FTSE Russell
As the world watches progress on the approval and implementation of new coronavirus vaccines around the world, investors are looking closely at what an effective vaccine may mean for the global markets and economy.
Our global investment research team recently shared perspective on current financial conditions across global equity and fixed income markets, how much of vaccine optimism is priced into today’s markets and what we could see in 2021.
Philip Lawlor – managing director, global investment research, FTSE Russell
“Despite all of the excitement around the vaccine, there remain a number of unknowns around the global implementation timetable and we are still facing a dark winter for the virus. However, fast progress for the vaccine is clearly changing the market narrative for 2021 and global financial conditions remain accommodative, so investors are considering how, when and where the vaccine will impact the global equity and fixed income markets in the coming year.”
COVID-19 vaccine perceived as “Big Medicine” for global markets
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