Gordon Pape: What life will look like after the pandemic (and the stocks that will benefit) [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Gordon Pape: What life will look like after the pandemic (and the stocks that will benefit) The COVID-19 crisis will end at some point. No one can predict exactly when, but, unless the virus magically fades away in the heat of summer, I don’t believe we will see the end of this until two things occur. First, we need to develop an effective treatment for serious cases. That will reduce the death toll and ease the stress on the healthcare system. It appears from everything I’ve read that a treatment is likely closer than a vaccine. The second stage is a vaccine that is effective and widely available at a reasonable cost. We need something that can wipe out this virus, in the way other vaccines eliminated polio and smallpox. Only then will people feel comfortable socializing again. Unfortunately, from everything I’ve heard, we’re a year away from that, even in a best-case scenario. Only when we have a treatment and a vaccine can the process of rebuilding the world’s economy begin. That m
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