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by Tyler Durden By Andrew Sheets, chief cross-asset strategist at Morgan Stanley The weather in London has been unseasonably good and, together with the easing of some local restrictions, this opens the door to that most elusive of feelings: normality. Our economists forecast a strong rebound in UK GDP for 2Q, and when navigating the crowds that have now appeared, this feels about right. The catch, however, is that more normality also portends a more difficult summer for the markets. Some of the problem is fundamental, some what’s now in the price. Let’s start with the three fundamental challenges.

United statesUnited kingdomCity ofJay bacowJames lordMatthew harrisonCharlie wuMike wilsonGuneet dhingraVasundhara goelMorgan stanleyFederal reserveAndrew sheetsAmerican rescue planஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்