An investor should never base their decisions on news headlines. Stock markets move freely and one day’s gains on good news can swiftly be reversed by some bad news. Several major themes are playing out around the world, not just with regard to COVID-19, so caution and the right investment strategy are crucial.
Analysts remain cautious over whether the easing of lockdowns will derail the success many governments have had in lowering coronavirus infection rates. The reproduction number remains below one — the key threshold below which the virus recedes — in many big economies, such as the UK, Germany, France, Spain and Italy, according to figures collated by JPMorgan Chase.