London | European equities could shrug off the Continent’s potential double-dip recession from COVID-19’s second wave, fund managers say.
The pandemic’s European resurgence could put a rocket up Brussels and individual governments, ensuring they turn on the fiscal firehose, while central banks will pile on more monetary stimulus – revving up stockmarkets even if economies sputter.
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
