The latest survey of 150 analysts showed that overall, respondents expect the virus impact to be wider and longer-lasting than they thought a month ago.

The latest edition of Chart Room shows that nearly three quarters of analysts now think the virus impact will last all of 2020 rather than just the first half of the year, up from around half when asked in March. This indicates a quick global recovery looks less likely than it did a month ago, and any recovery will be uneven as some regions emerge from lockdown sooner than others and some industries escape relatively unharmed while others suffer severe distress.

The rising expectations for a longer disruption are spread across all sectors, except healthcare, where 57 per cent of analysts expect it to last all year, down from 67 per cent in the March survey. Even analysts covering sectors such as technology, consumer staples and utilities, that are not as directly hurt by the abrupt decline in demand as some other sectors, now report that they too expect the fallout from changing work and consumption patterns to last longer than previously thought. 


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George Watson

George Watson

Investment Writer

Bob Chen

Bob Chen

Investment Writer

Mark J Hamilton

Mark J Hamilton

Senior Graphic Designer