Covid cases are on the rise again. This is made more concerning as the northern hemisphere heads into winter. It has also dampened economic recovery expectations into the end of the year and the pace of recovery as we head in 2021. That said, we still expect a solid economic recovery in 2021 as restrictions have eased and governments around the world take a more targeted approach to lockdowns.
Read more on our outlook for the New Zealand and global economies, and across asset classes, in the November 2020 edition of Quarterly Strategic Outlook.
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