Looking Ahead to What’s to Come

As we approach the end of an extremely weird and difficult year, no doubt what is on lots of people’s minds: What is to come in the months and year immediately ahead?

From an economic and financial standpoint, a great deal depends on several factors very well summed up in a recent The Wall Street Journal article.*

In order to gauge how early 2021 will look, we need to understand:

  • How bad this latest surge in coronavirus cases might get?
  • What measures people and state and local governments take and the resulting effects on spending?
  • How much relief will come from the federal government?
  • How much better things will look toward the end of 1Q 2021?
As we approach the end of an extremely weird and difficult year, no doubt what is on lots of people’s minds: What is to come in the months and year immediately ahead?

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Biggest Losers

Upon recently personally experiencing the multiple shocks of:

  • Minimal amounts of people at rush hour in one of the typically busiest cities and train stations in the world,
  • Open parking spaces and empty parking lots at one of the busiest train lines in the world,
  • No lines at Starbucks in the typically busiest city in the world…

… I started thinking bigger-picture about who will be most deeply affected in the intermediate-term by the virus pandemic and the resulting slow-downs, shut-downs, cuts, and service eliminations. Near the top of the list of business types and job types negatively affected are (obviously),

  • Restaurants and their owners
  • Airlines
  • Commercial real estate property owners
  • Business conference managers
  • …the list goes on.
New York Penn Station at the morning “rush hour”, October 2, 2020.ation at “rush hour”

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Jobs In Demand

From an edition of TGIF 2 Minutes in early March 2020….

As we continue to watch both from the sidelines and the interior of the Coronavirus tragedy, there exist lessons learned and lessons yet to be learned. Mistakes made past and present. In looking at history and researching the aftermath of past global tragedies there is evidence of subsequent innovations along with lucky breaks that surpass the imagination.

Photo by ELEVATE on Pexels.comLogistics may be an under-rated career – perhaps never as valuable as today. And certainly, fairly recession-proof.
Photo by ELEVATE on Pexels.com

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Jobs Amidst An Economic Slowdown

As we continue to watch both from the sidelines and the interior of the Coronavirus tragedy, there exist lessons learned and lessons yet to be learned. Mistakes made past and present. But in looking at history and researching the aftermath of past global tragedies there is evidence of subsequent innovations along with lucky breaks that surpass the imagination.

woman in yellow tshirt and beige jacket holding a fruit stand
Let’s not forget the warehouse workers and truck drivers of America that keep all of the essential food and consumables in our homes and on our tables.

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