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Prepare for a “mini-cycle” to begin in 2H21: UBP

As fiscal policy increasingly takes the reins from monetary policy, 2021 should see a recovery in global growth, characterised by rising but volatile inflation, according to Norman Villamin, CIO, Wealth Management, UBP. For its part, the US economy appears to be ending the recovery phase of this new economic cycle and investors are advised to be more selective about opportunities…

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