RE: The Deflationary Sucker Punch
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I read a story of an ice cream company that was preparing lot of ice cream to be sold in summer, they get their big first batch ready and lock down happened and they were unable to ship the product also.
Terrible loss for that company and it made me wonder how many "seasonal companies" might got shut for forever due to these lockdowns.
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I can imagine that travel and leisure businesses are going to have a tough time as well as consumer goods we just not going to buy the same stuff anymore some consumers will focus on jusy what they need and not luxury and with that drop in demand there has to be be a knock on effect on businesses
I don’t know which markets will recover or stay close to whay they were but I’m sure overall all markets have to have shrunk