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Q4 2020 Global Outlook: Glass half full
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Our glass is half full. On the one hand, much of the economic data coming from the US and China are better than expected, while widespread vaccination against COVID-19 seems likely by Q3 21. On the other hand, downside risks – especially the aftermath of the US Election – could mute the recovery. However, we believe the positives will outweigh the negatives.
Ajay Rajadhyaksha, Head of Macro Research
Q4 Global Outlook vaccine approval timeline
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