Staying Home: How the Coronavirus Changed Consumer Behaviors and Company Valuations
The emergence of the coronavirus led to significant disruptions in individual and societal behaviors, leaving investors to wonder: Which of these changes will last? Which will revert back to normal? And how will those changes impact my investments?
With drugmakers around the globe racing to produce a vaccine, we think that the long-term impact on economic growth will be minimal. Still, the pandemic has accelerated the adoption of consumer trends that were already beginning to emerge prepandemic—several of which have the potential to reshape entire industries if they become permanent.