As effective vaccines and therapeutics are now becoming available, we believe that the overriding macro theme of 2021 will be "The Reopening of the Global Economy." In this regard, below are our "Top 10 Investment Themes for 2021" for your review and consideration, remembering that while 2021 may turn out to be less volatile than 2020, the days of heightened bouts of volatility are certainly not behind us. Consider that E-commerce sales accounted for just 4.2% of total U.S. retail sales in Q1 2010 and recently accounted for 16.1% in Q2 2020, according to Statista. E-commerce isn't just a short-lived fad, it's here to stay, and investment opportunities exist for companies that derive revenue from their overall E-commerce ecosystem roles. Looking ahead, pressure on dividends should subside in 2021 as the economy continues to recover.

Source: Forbes December 21, 2020 21:00 UTC