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

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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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