It’s been a strong start to the week for global stock markets, with sentiment buoyed by more encouraging signs as countries around the world fight the coronavirus pandemic.
Europe and North America have been the worst hit by the coronavirus so far but both are seeing improvements in new cases and deaths as the extreme lockdown measures bear fruit. We’re by no way out of the woods, with a second wave almost inevitable in many people’s eyes but this is encouraging and means we’re a huge step closer to the re-opening of economies around the world.
It’s going to be a very gradual process, both in terms of the loosening of restrictions and how people respond to the changes. So there’s still quite a hefty cloud of uncertainty hanging over the global economy, but the picture is far improved from a month or two ago and we now have a better idea of the where we stand and what lies ahead. From an investor standpoint, that’s a huge improvement and explains why we’re seeing…
