27 Oct 20 - Week Ahead, COVID Concerns | Coca-Cola Amatil Takeover Global markets started the week with a sell-off (S&P 500 Index -1.8%) as a new wave of COVID-19 cases surged to record daily case numbers across the US and Europe, spurring renewed fears of a slowdown in the economic recovery - particularly across Europe where social distancing measures are being reintroduced. The German market was under further pressure as German software maker SAP plunged 22% following a cut to its sales forecast and warnings that the pandemic will hurt business through mid-2021. While large, we would put the overnight moves in context - markets are generally still in positive territory for the month and it is very early to panic. There is likely to be continued volatility as we head into the US election in a weeks time.   There was hope US politicians were on the verge of completing a stimulus deal, and talks continue today but both sides have accused each other of movin...