HONG KONG: Optimism about the economic outlook in 2021 helped Asian investors kick off the new year Monday on a positive note, as hopes surrounding the rollout of coronavirus vaccines offset a frightening surge in infections.
With uncertainty over Brexit and a new US stimulus gone, sights are now on the economic recovery from the calamity that was 2020, with a broad expectation that countries will enjoy strong rebounds as life gets back to some semblance of normal.
Vast amounts of government and central bank cash have been a crucial driver of a global rally in equities from their March troughs, and analysts expect those loose…