Investment Outlook 03.2021
IMT Asset Management

Investment Outlook 03.2021



In February equity markets continued to rally. Last week US President Biden signed another massive fiscal stimulus bill, this time of USD 1.9 tn, which brings total US stimulus measures to a staggering USD 6 tn since the pandemic broke out. The US federal deficit is likely to reach 15% of GDP in 2021.

Thomas Trauth

Economist, Dr. rer. pol., CFA, FRM