24 Nov The longer-term legacy of coronavirus – nine implications of importance to investors
Key Points:
- Likely key longer-term implications flowing from the coronavirus pandemic are: bigger government; increased money supply and excess saving; increased geopolitical tensions; reduced globalisation; a faster embrace of technology; a greater focus on lifestyle; and a potential post-pandemic boom.
- The biggest risk is of significantly higher inflation, reversing the long-term downtrend in interest rates.