The coronavirus is proving to be a black swan event
May 07, 2020

The coronavirus is proving to be a black swan event

Justin Leveren. CIO Developing Markets Equities and Senior Portfolio Manager, Invesco New York.

Key takeaways
1. The pursuit of shareholder capitalism will come under greater attack
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2. Oligopolies will be under pressure
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3. Corporate empires will face internal pressures to find focus
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After a decade of reasonable tranquillity – and disappointment – in recent weeks global equity markets have hit another “black swan”. While financial markets have shown signs of stabilising with the aid of massive fiscal and monetary stimulus from policy makers, the coronavirus outbreak is likely to have long-term consequences. For example, I believe it is likely to significantly change behaviour and approaches at fractal levels across society and culture, including demand for greater state capacity and governance.

To find out what long-term impact the virus outbreak could have on economies, sectors and companies, download the pdf.

Justin Leverenz will be covering this topic in his upcoming webinar, on 12 May 2020 at 3pm CEST. Register here.

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