Our forecast that equity prices will make renewed headway in the next year or so is predicated on fresh outbreaks of COVID-19 remaining fairly localised. That assumption is being challenged by a resurgence in coronavirus cases in Europe. Even so, we suspect that the pull-back in global equities over the past couple of days will be short-lived unless the rise in new cases starts to weigh more heavily on the economy again.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.