AS this is the last column for the year 2021, it is an opportune time to reflect on the performance of financial markets and factors that dictated market directions.
The year 2021 indeed was full of promises as investors were looking forward to pent-up consumer demand that was expected to drive economic growth in the post-pandemic world.
With vaccines slowly but surely being rolled out, economic growth projections for the year were robust, with growth expectations of between 6.5% and 7.5% as envisaged by the government when Budget 2021 was tabled.
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