Covid change? US money manager gives sneak peek on what to expect

Roman poet Ovid in his magnum opus Metamorphoses said every chaos eventually turns into an order and vice versa, and this is exactly what top strategists of US investment management company Merrill feel about the current crisis. Likening the economic fallout of the coronavirus pandemic to the Great Depression of 1930s and 2008 Global Financial Crisis, which eventually led to some major changes in social, political and economic spectrum, the global investment fund said this pandemic would lead to adjustments in the way we think, live, work, learn, shop, travel and entertain.

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