Is the ASX the best place on earth to invest in 2021?

Australians, let us rejoice, as the ASX may be the best global marketplace for investors in 2021, according to a new report. Due to Australia’s response to COVID-19 and history of strong economic growth, the Why Australia benchmark report found our economy to be surprisingly durable.

The report states that because Australia decreased the spread of COVID-19 and implemented strong stimulus measures, its economy has fared second best globally.

As the economy and GDP impacts, and is impacted by, the share market, a strong GDP generally means good share market growth. Thus, when Australia’s GDP goes up, the ASX generally shows stronger returns.

Let’s take a look at what might make Australia an investing destination.

COVID-19…