/biz/ - Business & Finance

>>18843177
Have you seen the estimates for Q3 where unemployment peaks? And that's discounting tons of businesses being severely impacted and generally reducing the velocity of money across the board. It's also discounting the biggest spenders being boomers, who are among the high-risk category, and while some will totally disregard that, there are certainly many that will remain homebound until a viable vaccine is on offer. And with that it should be considered that traveling for visitation will also be greatly limited as a product of this. Moreover there's a good chance of re-emergence, both immediately and in the fall/winter months were lots of travel is undertaken. Finally the proliferation of WFH modalities will likely become a more permanent facet of a wide swath of industry, meaning even commercial travelers will be in decline.