The ones who don't work hard will not benefit?
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Lol nice one BF.......but all joking aside I too believe and hope our environment/planet will benefit from this "breather" that has been thrust upon us. Maybe, just maybe Mother Nature is retaliating in the only way she knows by sending out The Invisible Enemy (to use the Chumps term) in an effort to give the planet a much needed break from the commercial rape piliging and general environmental destruction that we humans must take ownership of. Sermon ends.
Climate change
Pension problem will be solved for a while
Housing problem will be solved
Undertakers will be busy
Crematoriums will keep us warm in winter
- As suggested, good breather for the environment
- Good way to accumulate shares for people who apply even rudimentary TA to their investing
- Weak companies will die off, stronger companies will take their market share WHEN the economy returns - picking those ones up will be the go
- Strong companies will eventually benefit from cheap credit for expansion
- Eventual flight to safe non-cyclical companies like utilities
- Improved housing affordability (I would assume)
Petrols come down a shade which should pass some spending money back to family budgets and allow people to expand their search radius as they seek new employment (lower cost of commuting.) Also there is now the opportunity for infrastructure to catch up with economic growth as hiring is likely to be as easy as it gets over the next few months.
There is the matter of those of us that have been sitting on cash being able to deploy it. I've been too chicken so far. :)
It will prove to all those that think JA walks on water that a cuddle,a frown and a swish of the hair can't cure everthing.
Also just heard someone on the train talking about how they got a good parking spot for the first time ever.
I think some companies will change how they work, and will run more efficiently. It will give some companies to clean out inefficient process and really think about what are essentials. Simple things like how and when to run meetings, learn to plan ahead, focus and mitigate risks. Low performers will be the first one to go.