The main contours of the investment climate have not changed. The evolution of the virus is seeing the re-introduction of social restrictions, extending lockdowns (e.g., Sydney), and prolonging formal emergencies (Japan). The return to the office in the US is being postponed for many companies. Confidence in mass transportation will likely take longer to return. The direct economic impact is difficult to tease out of the data. This could, at least, in part, be due to the lags in economic reports. It may also be difficult to distinguish between the maturing of the recoveries in several Asian countries and the increase ... (full story)