The recovery was kick-started in 2021 by unprecedented monetary stimulus that was four times larger than that during the Global Financial Crisis.
Here are highlights of the outlook for 2022:
Recovery will continue into 2022, but clouds still dot the horizon, such as new variants and high inflation.
While growth may moderate, the macroeconomic picture remains healthy.
Public market returns should compress heading into the moderating growth phase of the cycle.
Private markets offer better risk-adjusted opportunities than public markets.
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