As the COVID-19 pandemic spreads across the globe, an unprecedented lockdown has been imposed in more than 100 countries to minimize the spread of the virus. As the number of new cases globally appears to be peaking, markets are reacting positively, and we are beginning to look through to the eventual lifting of lockdowns.
Relaxation of Lockdowns
The severity of the outbreak has varied among regions, countries, and even cities within the same country. We expect that lockdown lifting will also be varied, but follow a general rule of gradual reopening two to three weeks