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Asia will be 'resilient' in a coronavirus second wave. Here's how to invest, says Credit Suisse
s parts of the world brace for a second wave of Covid-19 infections, the economic impact on Asia will likely be “limited” as the region will remain resilient, according to a Credit Suisse strategist. “I think clearly Asia is going to be resilient in the face of a second wave in developed markets in the West,” said Dan Fineman, co-head of equity strategy for Asia Pacific at the Swiss bank. The U.S. is seeing a surge in coronavirus cases again in recent days, while some countries in Europe are also seeing another sharp spike. “We need to look at the shift in consumption patterns that has occurred in the West ... (full story)