The World After COVID-19: What Will Change, What Will Not?

BCA Research's Global Asset Allocation Strategist, Garry Evans, delves into the potential long term impacts post COVID-19.

Some report highlights include:

  • Even after the COVID-19 pandemic is over, likely within 18 months, many behavioral changes that were forced on society by social distancing will remain.
  • Individuals who have gotten used to working from home, shopping online, and using the internet for socializing and entertainment will continue to do so.
  • Amid any large structural shift, it is easier to spot losers than winners. The biggest losers are likely to be: (1) Parts of the real estate industry, as companies shed expensive city-center office space and office workers move away from big cities; and (2) the travel industry, since business travel will decline.
  • The winners will include: Health care (as governments spend to strengthen medical services); capital-goods producers (with US manufacturers increasingly reshoring production but automating more); and the broadly-defined IT sector which, while expensively valued, is nowhere near its 2000 level and has several years of strong growth ahead.


Please follow the form on the right to download the full report