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Forbes Finance Council - Coming To Grips With The Upheaval In Society And The Stock Market Caused By The Pandemic
January 2021
January 25, 2021
Coming to Grips with the Upheaval in Society and the Stock Market Caused by the Pandemic
By Robert Zuccaro, CFA
The coronavirus has done more to alter business prospects than any recession since World War II. It has not only affected all businesses, but also the living habits of all Americans. The chasm between the haves and have nots for our society as a whole has grown wider than ever.
From a business standpoint, forced shelter-in-place restrictions have benefited e-commerce companies such as Amazon, Target and Walmart and spelled a near death knell for the likes of Hertz, JC Penney, Forever 21, Neiman Marcus and many others.
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