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Investment director Tom Stevenson provides his view on UK’s position in the markets as its slowly comes out of COVID-19 lockdowns. Tom says the UK is still 10% below the peak level it reached prior to the pandemic, but lots of commodities are doing well including – industrials, energy, and financials. He also provides insights on China’s economic bounce-back and what it means for global economies. He notes that China is taking a different stance than the US in that China is more concerned about reducing risk, financial stability and not allowing their debt mountain to get any bigger.
By Fidelity Canada4.9
99 ratings
Investment director Tom Stevenson provides his view on UK’s position in the markets as its slowly comes out of COVID-19 lockdowns. Tom says the UK is still 10% below the peak level it reached prior to the pandemic, but lots of commodities are doing well including – industrials, energy, and financials. He also provides insights on China’s economic bounce-back and what it means for global economies. He notes that China is taking a different stance than the US in that China is more concerned about reducing risk, financial stability and not allowing their debt mountain to get any bigger.

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