Corona Capital: Mixed market messages, Chile votes

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Global stocks slumped on Monday as Covid-19 cases rose – yet some prognosticators are readying for major stimulus. Plus: Chile shows that pandemics don’t have to squash voter turnout. Catch up with the latest financial insights from Breakingviews here:

Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.Global stocks fell on Monday as Covid-19 diagnoses rose. The relationship is simple enough – airlines, cruise-ship operators and oil producers were among the biggest sliders. But next week’s U.S. election is creating confusion.

Meanwhile, more than one-quarter of S&P 500 Index companies have reported fall-quarter earnings, according to Refinitiv, andvoted on Sunday . Scaled up for population, that would be equivalent to nearly 500,000 cases in the United States, where the latest daily figures are currently under 100,000.vaccine timelines

 

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