From an event so unusual as a global pandemic, other unusual outcomes were likely to emerge. And so they have – in economies, in markets, in government policies, and in societal norms. A continuing challenge is to assess what, if any, of the recent unusual transitions to the future usual. The timing and magnitude of any such transitions then will determine what responses are appropriate. Abandoning past practices and principles only to see the recent unusual vanish has implications as does a lack of response to the unusual that endures. A review of some recent unusual outcomes can provide perspective for investing yet ahead.
Unusual
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