Blogs from CAA Team.
These blogs are published in various publications and we are reproducing here.
The past year has been a tumultuous one. The COVID pandemic has shaken up the world economy. Its impact on tourism, business travel and in-person conventions and conferences is likely to permanently scar the world’s aviation and business hubs such as Singapore and Hong Kong.
So, are markets over-reacting, pricing in higher inflation and other risks when they should not? In essence, our view is as follows: There is a good chance that the world economy will enjoy a strong revival later this year. Despite this, the major central banks will still keep monetary policy ultra-easy because they are fixated on reviving growth.
China has had a good start to the year. Economic data showed that it had overcome the worst threat to its economy in decades – the COVID pandemic – and emerged as one of the few economies that managed to expand in 2020. The lead indicators for the economy show that it will rebound strongly this year.
Whether you think it is a boom or a bubble, the surge in tech stocks has focused minds on how technology can impact our lives. But stock prices are volatile and for all we know, there could be a horrible correction in the tech sector some day. After all, that happened when the infamous tech bubble burst at the turn of the century.
The covid-19 crisis has exacerbated already existing tensions and competition between the US and China. In this webinar we will examine how the global pandemic, trade-war, and unfolding geopolitical events are impacting Singapore and South East Asia.