Market commentary

2021 Global economic and market mid-year outlook

26 May 2021

To coincide with the publication of Macquarie’s mid-year global macroeconomic outlook, Ric Deverell, Chief Economist and Global Head of Macro Strategy, discusses the ongoing impact of COVID-19 on the pace of economic recovery and what effect the rollout of vaccination programs is having. He also looks at China’s peak growth, the US fiscal stimulus and its inflation risks, and gives his perspectives on how equities and key commodity prices might fare over the remainder of the year.