Europe Stocks Could Be Spooked on Second Wave: Rathbones

The video discusses the impact of lifting lockdowns on markets, highlighting potential risks like a second spike in infections. It examines the differing responses of US and European markets, noting the role of the Fed in supporting US markets. The discussion covers the effects of global stimulus packages on economic recovery and asset prices, emphasizing uncertainty in consumer behavior. The video concludes with a debate on the shape of economic recovery, suggesting a gradual recovery over six to nine months.

What are the implications of a potential second spike in infections?

Discuss the different shapes of recovery mentioned in the text and their implications.