Every Picture Tells a Story: Disruption, COVID Style

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Of course, COVID-19 has been disruptive to our lives, both at home and at work. The effect across industry varies. For instance, the fortunes of Amazon and Jeff Bezos soar, while the deaths of mom and pop retail stores have accelerated.

McKinsey & Company, did a deeper dive and aggregated in one picture the effect of various factors like social distancing and government regulation, on twenty different industries. There are a few bright spots, investment-wise, and many concerns. More importantly, no one factor is more responsible overall; you have to be industry-specific. For example, social distancing is killing the hospitality industry but helping the telecoms.