, Columnist
Investors Are Watching the Wrong Covid Picture
Markets are in a hot risk-on phase thanks to U.S. economic data. The road back to normality is still long and hard.
Spoiler: This movie still has a long time to run.
Photographer: Bryan Tarnowski/BloombergThis article is for subscribers only.
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A picture is worth a thousand words, so they say. So prepare for some pictures. This Points of Return will tour the prospects of recovery for the U.S. and world economy in pictorial form, to assess how much more human and economic damage we can expect from the coronavirus.