Deutsche Bank CIO Likes Cyclical Stocks on 2021 Growth Outlook

The video discusses the impact of prolonged negotiations on market pricing, highlighting the positive effects of fiscal stimulus on equities in 2020. It contrasts growth and value stocks, noting the outperformance of technology and the resurgence of cyclical stocks. The return of bank buybacks and dividends in the US and Europe is seen as a positive market signal, aiding demand and supply dynamics.

In what ways have cyclical stocks started to perform recently compared to growth stocks?

What implications does the return of buybacks for banks in the United States have for the wider market?