Independent Strategy

Re-connecting with Covid

Poor political decision-making has allowed the Covid-19 Delta variant to get a foothold among un-vaccinated groups. These still make up substantial parts of the population in even the most vaccinated developed economies. The developing world is far short of levels that could be construed as being close to safe. This risks creating further turmoil, both in terms of public health and economic disruptions. And it will continue to bother markets over the summer.


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