RE: Plenty of upside4 Aug 2020 01:00
Covid
Tried to reboot my buisness at the weekend, I have a highly rated stop n go food buisness bang outside a high profile tourist attraction in Central London, we are now closed unt minimum Christmas most likely Easter.
The attraction at this time of year would normally draw 7 - 10k customers a day , max capacity 12k a day, they took 400 bookings and sold a extra 400 on the day.
While I'm north of Oxford street and central, the area was dead.
With North of England being shut down in parts and plans drawn up to qauartine London by sealing the M25, cases are rising fast, in June we had 1k a day infected, by end of July it was 5k a day, its rearing its ugly head again.
Time line
Vaccine expected September - October, relased for Rich, ill, dying, vulnerable, health workers
Mass vaccination of the west and rich countries will commence about New Year - Easter, poor countries will moat likely get 1 shot for cost for their populations, providing mass global vaccinations.
Astrazeneca has negotiated a deal with the EU which removes any liability for any health issues that arise from the vaccine for the company
Next year a wobble, lower growth still until the globe is fully vaccinated, 2022 back to 2019 levels, 2023 the start of the boom, shaking of the last remnants of the recession and the pandemic