A woman takes a picture outside the New York Stock Exchange on November 30. Photo: AFP A woman takes a picture outside the New York Stock Exchange on November 30. Photo: AFP
A woman takes a picture outside the New York Stock Exchange on November 30. Photo: AFP
Patrik Schowitz
Opinion

Opinion

Macroscope by Patrik Schowitz

Vaccine delays and interest rate rise risks fail to dampen market exuberance – for now

  • Markets have been fairly relaxed about vaccination roll-out delays but could still be spooked if a new virus strain proves resistant
  • A sharp rise in interest rates, particularly as a result of inflation, could also prompt a damaging sell-off

Patrik Schowitz
Patrik Schowitz

Updated: 4:51pm, 29 Jan, 2021

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A woman takes a picture outside the New York Stock Exchange on November 30. Photo: AFP A woman takes a picture outside the New York Stock Exchange on November 30. Photo: AFP
A woman takes a picture outside the New York Stock Exchange on November 30. Photo: AFP
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Patrik Schowitz

Patrik Schowitz

Patrik Schowitz is a global multi-asset strategist at JP Morgan Asset Management.