CIO Weekly Highlights: Markets face second pandemic wave, Fed decision
Resurgence of new COVID-19 cases and early signs of moderating momentum. New COVID-19 cases in developed economies are on the rise and the situation is particularly acute in the US as daily new cases superseded the previous peak set during April. Outside of the US, countries that were previously deemed to have handled the pandemic crisis well (e.g. Japan) are also seeing a resurgence in cases.
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