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Is the EU Recovery Fund a Game-Changer for Investing in Europe? (JPM Asset Management, 2 min read) ‘Countries across Europe now have an equal shot at a strong recovery out of the COVID-19 crisis, instead of high-debt countries being weighed down by their fiscal constraints…this lower break-up risk means that European assets need to embed less of a risk premium, allowing for higher equity valuations, lower bond spreads and a stronger currency.’ [Bullish Europe]
A Country Level Analysis Measuring the Impact of Government Actions, Country Preparedness and Socioeconomic Factors on COVID-19 Mortality and Related Health Outcomes (Lancet, 7 page read) Low levels of national preparedness, scale of testing and population characteristics are associated with increased national case load and overall mortality. Countries with higher obesity, age and slower lockdowns exhibit higher caseloads. Countries with higher GDP, income dispersion and obesity suffered with higher mortality.