https://www.marketwatch.com/story/th...of2&yptr=yahoo
I find that the idea that consumer spending will remain down even after this pandemic is over, is very concerning, given that it is responsible for 70% of the world's economy.
I guess if we get an effective vaccine and things go truly back to normal, little by little consumer confidence will return. Let's hope so.
Certain sectors though will never recover. Certain firms who have offices in expensive downtown real state may have developed a liking for teleworking and will not occupy those spaces again. And so on.