Economic Flash

2021 Economic Outlook: Vaccines, Stimulus, and Recovery

by Craig Dismuke, Dudley Carter

2021 Economic Outlook: Vaccines, Stimulus and Recovery

While uncertainty is commonplace in forecasting economic growth and interest rates, doing so in 2021 is uniquely challenging.  The economy appears highly likely to continue its recovery from the COVID-19 pandemic and move into a period of expansion, although even this outlook could be derailed by unexpected developments with the virus.  The policy implications of the 2020 elections bring about new uncertainties.  The evenly split Senate adds yet another layer of uncertainty about legislative scope while the prospects of significant stimulus bring into question an entirely different variable.  One certainty for 2021, the economy is positioned to grow substantially if the damage from the virus can be limited.

2021 Economic Outlook: Vaccines, Stimulus and Recovery

January 2021 Vining Sparks Projections and Bloomberg Survey

The information included herein has been obtained from sources deemed reliable, but it is not in any way guaranteed, and it, together with any opinions expressed, is subject to change at any time. Any and all details offered in this publication are preliminary and are therefore subject to change at any time. This has been prepared for general information purposes only and does not consider the specific investment objectives, financial situation and particular needs of any individual or institution. This information is, by its very nature, incomplete and specifically lacks information critical to making final investment decisions. Investors should seek financial advice as to the appropriateness of investing in any securities or investment strategies mentioned or recommended. The accuracy of the financial projections is dependent on the occurrence of future events which cannot be assured; therefore, the actual results achieved during the projection period may vary from the projections. The firm may have positions, long or short, in any or all securities mentioned. Member FINRA/SIPC.
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