Risk assets may have a favourable outlook in 2021, but beware of inflation

Despite frothy valuations, equities will remain the best resort in 2021 for investors seeking yield, according to major private banks. Asian shares reached a record high on Wednesday on comments from the new US Treasury Secretary Janet Yellen on a fiscal relief package for the country to contain the economic fallout from the COVID-19 pandemic. The MSCI’s Asia-Pacific ex-Japan index,…

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