The cure must not be worse than the disease

Seema Shah of Principal Global Investors
While new coronavirus cases are plateauing, although not yet declining significantly, countries in Europe are beginning to judge the economic pain wreaked by Covid-19 containment measures to be worse than the infection itself and are shifting focus slowly but surely towards revitalising their economies.
A lifting of lockdowns - however gradual they may be - will result in a rise in economic activity from a very low base, so quarter-on-quarter GDP growth is likely to be positive in Q3. Downside protection...
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