Your Weekend Reading: Fear of a Second Wave
Get caught up.
The Fed stepping into the high-yield market was a “gamechanger,” according to Ray Kennedy of Hotchkis & Wiley.
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Normalcy remains a distant, perhaps unattainable dream. But in some places, coronavirus-induced restrictions are beginning to ease—despite stark warnings of the potential consequences. In the U.S., where more than 50,000 people have died from Covid-19, Georgia is already reopening for business (perhaps for this reason) and a Tennessee mayor faces a difficult choice. As the virus slowly recedes in some nations, the fear now is of a second wave.