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ACWI - Cyclical Outlook Takeaways: Bounded Optimism On The Global Economy
iShares MSCI ACWI Index Fund
Following an outsized contraction of economic activity in 2020, global output and demand are likely to rebound strongly this year.
Central banks will likely keep borrowing costs low in order to enable ongoing fiscal support for years to come.
An onset of fiscal fatigue (in which governments return to a more cautious stance) would be a significant risk to the expected economic recovery, particularly in the second half of this year and more so in 2022.