European indexes fell sharply, with the pan-European STOXX 600 down 2.7%, its lowest since the start of August.Monday’s losses were in part due to rising COVID-19 cases in Europe, said Samy Chaar, chief economist at Lombard Odier.
FILE PHOTO: A worker wearing a protective suit takes body temperature measurement of a man inside the Shanghai Stock Exchange building, as the country is hit by the coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. REUTERS/Aly Song/File Photo “This reality combined with the growing realisation that a vaccine remains many months away, despite President Trump’s claims to the contrary, has made investors increasingly nervous, as we head into an autumn that could see lockdowns reimposed,” he said.
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Please do not overreact... This time e second wave is prevented by much smarter interventions while life goes on.