UBS On-Air: Paul Donovan Daily Audio 'Counting cases, not footfall'

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The focus after Black Friday in the US is normally how many people indulged in the US national sport of visiting the mall. This year the focus is the pandemic risks of large number of people moving around the country before Black Friday. The expected rise in infections is unlikely to change consumers' fear, but it might change policymakers' reactions and restrictions (which matters economically).

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