, Columnist
Markets Have Much More to Worry About Than Covid
Start with a renewed worsening of U.S.-China tensions and fresh doubts over the euro’s future.
The U.S. election campaign is about to start weighing on markets.
Photographer: OLIVIER DOULIERY/AFP/Getty Images
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So, how was it for you? I took a break last week, so this is a good time to take stock. About two months ago, global capital markets sustained one of their greatest shocks in history, driven by the Covid-19 pandemic. Much still depends on how well public health and economic authorities deal with its impact and aftermath.