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Why the second wave might not drag down European equities

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 is The Australian Financial Review’s former Europe correspondent. He is now International Economy editor for The Telegraph UK.

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    Original URL: https://www.afr.com/link/follow-20180101-p566nb