Nov 20, 2020 7:00:00 AM | LGT Navigator
LGT Navigator: Between corona fears and vaccine hopes
Currently, fears about the negative economic impact of pandemic countermeasures are balanced by positive signals regarding the development of a Covid-19 vaccine. This is leading to a more cautious attitude of investors in the capital markets. The current drama surrounding the outcome of the US presidential election organized by Trump's lawyers is adding uncertainty and weakening the measures against the corona crisis. Meanwhile, in view of the expected negative effects on the euro economy from the second wave of corona, ECB head Lagarde held out the prospect of further monetary easing in December.