The mortality rate of Covid-19 (low - approx 3%) and the road map to a vaccine/ cure is irrelevant. When the first cases show up in New York, Melbourne, Sydney, Miami London etc The impact will be the same whether the mortality rate is 2% or 5%, whether a cure is 3 months away or 18 months away. People will NOT want to catch Covid-19, so they are going to stop going to the cinema, shopping mall, airport, work etc etc. We have a data point. Milan's commuter rail reports passengers down 50%. Its only 300 people who have the disease in Northern Italy and a handful have died but the remaining 10 million do not want to catch it and neither do you. Economic activity will have a sharp but short slow down as the virus migrates.
But how does this affect LVT?
Enterprises are not going to cut their intranet subscription. The intranet is more important now than ever before. Employees will be working from home and need to get online to their work.
Buy Facemast manufacturers and antibacterial soap distributors if you can.....but also buy remote work stocks like Zoom (up approx 40% since CV-19 scare ) and............
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