Global stocks will continue to rally this year despite the price surge, spurred by the prospect of global economic recovery, certainty about the US presidential election result, and effective Covid-19 vaccines, while gold is recommended as a hedge against future inflation, says an analyst at Tisco Economic Analysis and Strategy Center (Tisco ESU).
Komsorn Prakobphol, head of the economic strategy unit at Tisco ESU, said although global stocks are now traded at a very high price range compared with the past, the think tank still sees 2021 global stock markets as continuing on an uptrend supported by five factors.
First is the global economic recovery, with…
