Meet the Team

Capital Market Impact Weekly market commentary

illustration of a telescope

2021 outlook: What to watch for

February 25, 2021

As 2021 began, many people were eager to put the previous year in the rearview mirror and look ahead with hope for better times. The change in the calendar year brought the resolution of some political uncertainty—Democrats gained control of the Senate and President Biden took office on January 20. But many of last year’s question marks remain.

In February, Nationwide Financial hosted a webcast for advisors to an overview of key factors on the economic, financial market and government fronts for advisors and investors to keep an eye on in the coming year. Ben Brewster from Nationwide Government Relations, Ben Ayers from Nationwide Economics and myself shared perspectives from our specific areas of expertise to help clients focus as volatility and uncertainty persist.

Our 2021 outlook includes:

  • A return to strong economic growth this year fueled by government stimulus, monetary policy accommodation and an improving picture for the pandemic
  • Tailwinds from these factors plus robust corporate earnings to power a continuing rise in the stock market
  • Ongoing gridlock in Congress but three opportunities for Democrats to push specific items on their policy agenda.

Listen to a replay of our webinar here.

Disclaimer

  • This information is general in nature and is not intended to be tax, legal, accounting or other professional advice.

    The information provided is based on current laws, which are subject to change at any time, and has not been endorsed by any government agency.

    Neither Nationwide nor its representatives give legal or tax advice. Please have your clients consult with their attorney or tax advisor for answers to their specific tax questions.

    This material is not a recommendation to buy, sell, hold or roll over any asset, adopt an investment strategy, retain a specific investment manager or use a particular account type. It does not take into account the specific investment objectives, tax and financial condition or particular needs of any specific person. Investors should discuss their specific situation with their financial professional.

    Except where otherwise indicated, the views and opinions expressed are those of Nationwide as of the date noted, are subject to change at any time and may not come to pass.

    Nationwide Funds are distributed by Nationwide Fund Distributors LLC (NFD), member FINRA, Columbus, Ohio.

    Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio.

    Nationwide, the Nationwide N and Eagle and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company.

    © 2021 Nationwide

    NFN-1140AO (2/2021)

NFN-1140AO