MEGATRENDS! Post Corona winners and losers

[Leo]

In addition to the OP.

How about death care industry? I think they could be a winner short-term.

For long term winners:

Remote workers / mentality change that some job can be done remotely. As a software engineer, I can do my job remotely. I already work from home 1-2x a week before coronavirus.

People who are buying low and selling high in stock market. If real estate goes down, people who will buy properties when it goes down.

I think sports is okay. People like me who are so into it can't wait for it to get back. It is entertainment for me and I support few local teams as well.

[disneysteve]

The Papa Johns pizza delivery guy said last night that they're crazy busy.

Places that were always just or primarily take out were perfectly positioned to capitalize on this. The places struggling are the ones that were 100% (or nearly so) dine in service.

[LivingAlmostLarge]

The Papa Johns pizza delivery guy said last night that they're crazy busy.

I bet all pizza places are! I have seen it driving in my neighborhood and really wanted to order some.

[Nutria]

Looks like pizza parlors are doing mass hiring.
Winner to take out food

The Papa Johns pizza delivery guy said last night that they're crazy busy.

[disneysteve]

I don’t know that racism is becoming more blatant.

Maybe not where you are but it certainly is around here.

I have a friend whose wife is Vietnamese. Their daughter (15 yo) looks Asian. Prior to school shutting down, she started getting harassed because of COVID. She's never been a victim of racism for being Asian until then, but because of morons calling COVID the Chinese virus, it has greatly ramped up racist attacks on Asians.

[TexasHusker]

texas i might say that a lot of people will also leave smaller cities. Racism appears to be getting more blatant and you may also have more immigrants choosing to leave cities they thought were safe for areas they are with "others" of their own kind. Safety in numbers. I'm not sure they will be moving to places where they are perceived to be the cause of the "chinese" virus.

I don’t know that racism is becoming more blatant. “Racist” has become a convenient weapon of choice word by many to disparage someone we might disagree with or dislike. Media constantly uses the term to grab headlines and sow discourse. The use of the tactic is beginning to lose its effectiveness, thankfully, as people are starting to see it for what it is. Mostly b.s.

[LivingAlmostLarge]

texas i might say that a lot of people will also leave smaller cities. Racism appears to be getting more blatant and you may also have more immigrants choosing to leave cities they thought were safe for areas they are with "others" of their own kind. Safety in numbers. I'm not sure they will be moving to places where they are perceived to be the cause of the "chinese" virus.

[disneysteve]

Looks like pizza parlors are doing mass hiring.
Winner to take out food

Places that were already mainly takeout and delivery were perfectly positioned for this. The restaurants that are really struggling are the ones that were almost exclusively dine in. They've switched to offering takeout and delivery but most aren't being terribly successful. I totally understand that as they are generally nicer places and more about the overall experience and not just the food. It's just not that appealing to us to order out from a fine dining place.

[bjl584]

Looks like pizza parlors are doing mass hiring.
Winner to take out food

[disneysteve]

Wannabe doctors, nurses, and 1st responders might rethink a career choice in these fields because of COVID-19.

I doubt it. If anyone changes their mind because of this, they probably shouldn't have been doing it in the first place, so that's a good thing. I think it's much more likely that people will see how important those jobs are and be even more drawn to them.

[QuarterMillionMan]

Wannabe doctors, nurses, and 1st responders might rethink a career choice in these fields because of COVID-19.

[Jluke]

Bidets

[disneysteve]

I hope cruises aren't a thing of the past,

Of course they aren't. For one thing, the ships cost upwards of a billion dollars EACH to build. There's no way those are ending up in a scrapyard. Cruising is more popular than ever. COVID19 won't change that.

Look, the current situation is horrific. But they will develop a vaccine and treatments and COVID19 will become just another viral illness that we all deal with regularly. Flu, SARS, MERS, and plenty of others will be joined by COVID19.

Will something like this ever happen again? Probably. But think about it. With everything that has happened in the world, this is the first great pandemic since 1918. There have been others but nothing nearly on this scale. The world isn't going to stop living or traveling or flying or cruising because of this.

[Thrif-t]

I hope cruises aren't a thing of the past, they are my preferred vacation, although I've not done a lot of them. I was really hoping to do a cruise around Italy. I have no desire to pack and unpack and stay in different hotels. I rather my hotel travel around with me. I don't want to think that will never be a reality.

[disneysteve]

The only one of your predictions I definitely agree with is retail, and that's no stretch as it's been dying for a long time. Many retailers, big and small, will not survive the coronavirus event. Ones that were already teetering on extinction, like Penneys and Sears, will finally fold. Others that might have been managing okay will be driven into bankruptcy. The same goes for restaurants. They operate on a super thin margin in the best of times. The big national chains might have the resources to keep going but the independent, mom and pop, chef owned places will fail.