Five Big Themes that Will Frame the Post-Virus Economy
The great American philosopher Yogi Berra once said, “It’s tough to make predictions, especially about the future.” If anything, Berra’s quip understates the challenges of figuring out where the global economy is headed at this unprecedented time. But taking a stand on such issues is the unavoidable task of economists and, more concretely, of investors as they look to put money to work.
In that spirit, we turn to the question of how global economic conditions—after the virus has receded (whenever and however that occurs)—will differ from those that prevailed before. While our crystal ball is admittedly cloudy, we see five big themes that are likely to characterize the post-virus economy and markets.