The urge to splurge: Don't underestimate strength and speed of post-lockdown market revival
Consumers' spending spree key to recovery
Mike Willans and Bimal Patel of Canada Life
It is easy to overestimate the social changes wrought by Covid-19. Yes, online purchases and Netflix subscriptions soared, Zoom is now an everyday tool and surveys suggest that we got comfortable with lockdown life and would prefer less time in the office. But how will we feel in a few months time?
We are sociable animals who enjoy variety, novelty and movement. Many of the things we used to do - such as going to a cinema, working with colleagues in an office, browsing in shops, or travelling for...
More on Markets
Back to Top
