The world is at war against a pandemic, with a certainty of an uncertain future. Thousands of people have already perished across the continents and the numbers are rising at an exponential rate.
The most vulnerable across the world are on the front lines of this virus: the elderly, the daily wagers, those without access to health care, those with preconditions such as diabetes, high blood pressure, and cancer, and those who believe they are invincible and do not make the necessary precautions.
Hundred of years back, history did the same but do you know that time how economies did AFTER a global pandemic.
Historical data gives us some vital information that can benefit investors as to how businesses change, adapt, and how new technologies of that era altered the economies of the past.
Now about 100 years later, we have another pandemic called Covid-19. before the outbreak of the Covid-19 crisis, it became increasingly clear that the global economy
had entered more troubled waters with slower growth across all regions and several economies contracting in the final quarter.
Industrial Revolution is accelerating rapidly, creating a new class of wealthy investors and traders who make a living from trading the stock market and other financial markets. Although there has been dabbling by retail investors for a couple of decades in learning to trade like professional traders, the tools, skills, and incentives were not yet fully developed. Now the financial markets are gearing up for far more people to be Trading as a Business as the job opportunities shrink due to the advancement of Robots, Robotics, and Humanoid Robots which are expected to rapidly displace human workers during the Covid 19 final year or two of this pandemic.
Supporting digital competitiveness can help economies recover from the COVID-19 pandemic. The World Economic Forum’s new Digital FDI initiative seeks to identify policies, regulations, and measures that governments can adopt to attract such investment.
COVID-19 has imposed shocks on all segments of food supply chains, simultaneously affecting farm production, food processing, transport and logistics, and final demand. Not all sectors and products have been equally affected, and different products have experienced disruptions at different stages of the supply chain.
COVID-19 has led to a drastic shift in consumer demand away from restaurants, food service, and other types of “food away from home” towards food consumed at home, requiring important changes in the way food supply chains operate. As the COVID-19 pandemic gathered pace, sales of food away from home (consumed in hotels, restaurants, catering, and cafés) collapsed. Restaurant reservations declined sharply in early March and fell to practically zero as lockdowns were enforced.20
At the same time, retail demand for food soared. Sales of frozen and packaged foods in particular increased dramatically: at their peak in the second half of March, weekly sales of frozen foods were 63% higher than the year before in France, while sales of packaged foods were 56% higher year-on-year in Germany. Similar demand spikes were seen in other countries. Following this initial spike, retail demand for fresh, frozen, or packaged foods has remained about 15-20% higher than usual.21
That is the future. Those who are ready will have higher incomes. Those who are still believing the stock market is a big casino to gamble in will lose even more money and those who reject the stock market as a probably means of income will find it harder and harder to maintain a middle-class income level.