Markets recorded a second consecutive week of solid positive returns with the MSCI AC World Index up 2.2% for the week (YTD -7.8%). At its peak Thursday, the S&P 500 moved within 10% of its all-time high, pulling it out of correction territory, according to some definitions. Optimism about the further reopening of the global economy and human trials for a potential Covid-19 vaccine appeared to be the primary driver of sentiment. CLICK HERE