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As economies around the world begin to reopen, markets rallied dramatically, with the focus shifting from fear to optimism and the strength of the coming global recovery. Equity markets extended their gains in the first quarter of 2021, but were volatile in a backdrop of U.S. political turmoil and continued COVID-19 uncertainty. Find out why Jennison Associates, PGIM’s fundamental growth equity manager, think investors should look past recovery-driven transitory trends and focus on transformative secular trends.
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