Former Obama-appointed US Treasury official on recession outlook
Investors could be forgiven for thinking that nowhere is an immediately appealing prospect for investment right now, least of all Europe.
The disruption to the global economy from the worldwide spread of the coronavirus is the biggest shock to the world since the Second World War.
Moved beyond a 'single demand shock'
Access to public equity and debt markets 'critical'
Strong capital ratios despite challenging share prices
European economic data has been largely positive.