The lights from a supermarket that is open illuminate a shopping centre of largely closed stores in Palermo, Italy, on April 1. If Italy is able to stop new infections and “flatten the curve”, this could inspire confidence in the effectiveness of lockdowns in other Western economies. Photo: Bloomberg The lights from a supermarket that is open illuminate a shopping centre of largely closed stores in Palermo, Italy, on April 1. If Italy is able to stop new infections and “flatten the curve”, this could inspire confidence in the effectiveness of lockdowns in other Western economies. Photo: Bloomberg
The lights from a supermarket that is open illuminate a shopping centre of largely closed stores in Palermo, Italy, on April 1. If Italy is able to stop new infections and “flatten the curve”, this could inspire confidence in the effectiveness of lockdowns in other Western economies. Photo: Bloomberg
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

In the protracted coronavirus fight, lockdown fatigue is the most serious market threat

  • The severity of the economic fallout has put governments in a bind, torn between adopting forceful measures to tackle the public health emergency and keeping the economy grinding along so a brutal global recession does not become a devastating depression

The lights from a supermarket that is open illuminate a shopping centre of largely closed stores in Palermo, Italy, on April 1. If Italy is able to stop new infections and “flatten the curve”, this could inspire confidence in the effectiveness of lockdowns in other Western economies. Photo: Bloomberg The lights from a supermarket that is open illuminate a shopping centre of largely closed stores in Palermo, Italy, on April 1. If Italy is able to stop new infections and “flatten the curve”, this could inspire confidence in the effectiveness of lockdowns in other Western economies. Photo: Bloomberg
The lights from a supermarket that is open illuminate a shopping centre of largely closed stores in Palermo, Italy, on April 1. If Italy is able to stop new infections and “flatten the curve”, this could inspire confidence in the effectiveness of lockdowns in other Western economies. Photo: Bloomberg
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