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Beware market carnage if policy support is rolled back prematurely

Published Wed, Jun 24, 2020 · 09:50 PM

AS THE second quarter - the worst quarter for the global economy since World War II - draws to a close, upbeat hope-inducing macro data are emerging, thanks in no small part to higher production and consumer activity as economies reopen.

Business pessimism has eased from the horrid peak at the start of the quarter when travel was curbed and businesses cr…

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