Upswing seen, but at a slow pace

Real GDP forecast cht

PETALING JAYA: With the local stock market down some 3% since the start of the year, sentiment is subdued, but market observers are expecting some form of bullishness to return, albeit delayed.

Fortress Capital Asset Management chief executive officer Thomas Yong (pic) said despite the lingering threat of the Covid-19 situation, he remained optimistic that economic recovery, for one, will continue, although it might be bumpy.