Uncertain recovery underway
In our latest article, we discuss how after stringent global lockdowns and economies in freefall earlier in the year, the long road to recovery is underway. Economic data has since May 2020 already surprised on the upside and a strong rebound should be in evidence during the remainder of the year.
The recovery will be long and fragile. Significant portions of the population will dramatically limit their activity until the threat of disease is extinguished. Spikes in virus cases will drag confidence and activity intermittently.
Development of widely accessible vaccines or effective treatments would allow life to go back to normal sooner. Meanwhile, activity will be below potential as higher-risk activities are avoided like air travel, office work and attendance at shopping centres, restaurants and sporting events.
Yet the outlook is not all bleak. Life is sure to get back to normal, but it will take some time. The recovery will be slow and uneven, but it will not fade. Progress will be made each month that goes by. The global policy response has been provided at remarkable scale and speed.
Companies are dynamically discovering how to progress through this challenging period and come out the other side in better shape. Many will be more streamlined, nimble and make better use of technology. Lower wages and other input costs will add to profit margins.
Click here to read the article
I hope you find the article interesting and helpful in furthering your investment goals.
Please let me know if you have any questions.
This article is provided for general information purposes only and should not be construed as personal financial advice.
--------
Opt-in for our newsletter
To avoid missing out on any of our important updates, would you like to receive these directly to your email?
All you have to do is click the link below and you are set.
Yes, I want to receive the industry and market updates from AssureInvest via email
As a gift, I will also send your way our Special Report - How to Jump Ahead of Competitors and Add More Value for Clients.
All you need to do is click the link below to receive it.