18 MAY 2021 02:49 IST | ENGLISH | MONEY & FINANCES | GENERAL AUDIENCE
Andrew Holland, CEO, Avendus Capital Public Markets Alternate Strategies LLP in an exclusive interview with ET NOW gives us an insight into a global recovery. He is of the opinion that once the economy reopens, we will certainly witness a change in consumer sentiments. After assessing the current situation, he believes fear and possibility of non-occurrence of the virus is not off the table, but the likelihood of its severity is relatively weaker.” Investors will move out of the defensive sector and there will be a shift towards economy facing sectors as the number of cases fall” says Andrew Holand. Economy facing sectors like Banking, Automobile, Consumer Discretionary etc to pave the way forward as economy recovers. Rising Inflationary pressures hold key risk and likely to keep markets volatile. Anticipates high inflation levels to persist from June to Aug. As the economy reopens, one needs to assess spending habit on the back of revenge buying leading consumption to jump start. Going forward one needs to assess the lateral impact of rising inflation and benefits of resumption in activities.