| Date | Saturday, 29 May 2021 |
| Title | The Great American Rebound |
| Webinar Details | After a tumultuous year, the United States have emerged much stronger this year. The economy is gradually reopening and stock markets are trading at near historical levels.
The US stock markets had a great rally for better part of 2020 while the country was battling the pandemic but have since lost momentum even as economy reopens. What is happening? |
| Host | Ng Shin Seong
Head, Investment Advisor |
| Speaker(s) | Audrey Goh
Snr, Cross-Asset Strategist Supreet Bhan Head, Southeast Asia Funds Teng Chee Wai Managing Director |
| Registration Link | https://primetime.bluejeans.com/a2m/register/hctwcvaj |
| Post event Key Takeaways |
1. United States is a USD 22.7trn economy and makes up 58% of the world’s stock market capitalization. US economy is expected to grow in excess of 6% in 2021 – strongest expansion in almost 4 decades and adds more than USD 1.3trn in economic output, more than the total 2021 economy of Malaysia, Singapore and Philippines combined.
2. Ultra-low interest rate policy, fiscal spending plan exceeding USD 6trn, expansionary budget and one of the fastest vaccination progress has fuelled spending growth and investment opportunities as the US economy reopens. 3. While equity markets rally in 2020 was led by technology and communication services, the value sectors that underperformed last year are likely to outperform in the next 12 months. Industrials, materials, energy and financials are the sectors that are projected to grow as Americans’ life return to normal and spending on housing, home improvements & travels increase. Capture the best growth and value stocks and participate in the Great American Rebound through investment in Affin Hwang American Equity, available exclusively at Standard Chartered Bank |