3 reasons we might see higher ASX share prices in 2021

2020 turned out to be a surprisingly good year to have been invested in S&P/ASX 200 Index (ASX: XJO) shares. As long as you didn’t sell your entire portfolio on 23 March, that is. Despite the pandemic, the ASX 200 quickly recovered from the initial market crash we saw in March, and ended up finishing the year a tad below where it started.

Over in the United States (US), things were even better. The flagship S&P 500 Index (INDEXSP: .INX) ended up giving investors a very healthy gain of roughly 16% for the year. That was despite the US getting arguably harder hit by the virus.

But now 2020 is (thankfully) in our rear-vision mirrors, attention is on what 2021 will bring.

Here are 3 reasons why 2021 could end up being an even better…