Australasian Outperformance | Ryman Global markets were higher on Friday (US S&P 500 Index +1.3%), rebounding from the biggest rout in 12 weeks as dip-buyers emerged for companies that bore the brunt of Thursday’s selling.  Earlier Friday, the World Health Organization said the risk of a second wave of coronavirus is present for any country exiting lockdowns. States and cities might have to resume shutdowns if cases surge dramatically, top officials at the US Centers for Disease Control and Prevention said. There are growing risks in some Southern Republican stronghold states, which have moved early in terms of relaxing restrictions. Arizona and Oklahoma were among US states to report record one-day increases in new coronavirus cases, a month after easing restrictions.  A second infection wave remains a key risk for global markets. Also over the weekend, Beijing has shut down a major seafood and produce market and locked down several nearby residential complexes after 53 people tested posi...