In this week’s article, I wanted to take a slightly longer term view. Investing is forward looking, so at some point we need to look past the current maelstrom of economic and virus-related uncertainty, and look at the big picture.
Now the world will inevitably emerge from COVID-19, and as investors, we need to understand what that world may look like – so that we can invest accordingly.
As always, this article is written on 24 April 2020, and will not be updated. Updated thoughts are on Patron.
How long will COVID19 take to play out?
Not everyone is going to agree with me of course (and feel free to disagree in the comments below), but my current base case assumes that COVID19 will be with us for some time.
Why do I say this?
A couple of reasons:
The virus has traits that make it incredibly hard to be eradicated completely
There’s still a lot we don’t