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Economies revving up recovery from coronavirus should expect many detours

A new economic and market cycle has begun as the world tries to rebound from the short-lived but brutal Covid-19 recession. However, this is no ordinary recovery. Pent-up demand and a desire for expansion are at odds with the scary possibility of a virus resurgence, something we are sadly seeing in the US as cases there spike in many states. That makes for wildly disparate predictions for a post-coronavirus world. To gain some clarity on what lies ahead, we can start by assessing the roller…

Read the original article at South China Morning Post

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