THE ECONOMIC response by policy makers in developed countries to the coronavirus pandemic has been both swift, and of an unprecedented scale. This has enabled them to limit the damage to the global economy, and manufacture one of the fastest economic recoveries in decades.
The speed of the bounce-back can largely be attributed to the rapid rollout of vaccines; ultra-accommodative monetary policy; and unprecedented fiscal stimulus, which amounted to almost 20% of global GDP in 2020 and 2021.
Throughout the economic cycle, Marriott’s preference is to invest in high-quality dividend-paying companies with strong balance sheets, market leadership, brand strength, and pricing power enabling them to produce more reliable dividend growth for investors.
During 2021, it was the pricing power of these companies in particular that helped our equity-based portfolios produce double-digit returns, as well as above-average income yields.
Denne historien er fra April 2022-utgaven av Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra April 2022-utgaven av Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'Hack' your money psychology
Spending too much money? Tempted by sales? These money psychology hacks’ can help
Accounting tips for small businesses
It's important to properly manage your business finances
KIDS AND MONEY: FIVE WAYS TO START THE CONVERSATION
WHEN IT comes to teaching young children about the world, parents may feel that some topics—like politics and religion—are too tough to broach.
REDUCE THE PAIN OF DOWNSCALING
Investing in a holiday home as a retiree
THE RISKS INVOLVED IN INVESTING
Finding the balance between eating well and sleeping well
TESLA: WHY IT MIGHT BE TIME FOR MUSK TO GO
What 2023 holds for the electric vehicle company
FINDING SOMEONE TO STEP INTO YOUR SHOES
The Eskom crisis demonstrates again the importance of proper succession planning—loDSA
BORROWING MONEY ISN' ALWAYS A BAD THING
On the contrary, debt can be a sensible way to build wealth
WILL SOLAR POWER INCREASE THE VALUE OF YOUR HOME?
The upfront investment is high, which you'll want to recover when you sell
WHERE NEXT FOR THE GLOBAL ECONOMY?
Why central banks face an epic battle against inflation in 2023