Natixis har bedt Bill Nygren, Partner, Portfolio Manager, and Chief Investment Officer for US Equities at Harris Associates, om at vurdere de sektorer, der får fremgang efter pandemien. I nogle tilfælde vil pandemien skabe konstant forandring og fremgang – i andre tilfælde er det en korrektion efter pandemien. Banker har mulighed for at reducere omkostningerne dramatisk og dermed få stærk fremgang, hvis de gør op med traditionerne. Betalinger med mobiltelefoner koster en tiendedel af udgiften ved at lade kunderne hæve kontanter i en ATM.
What’s Changed?
What are some examples of accelerating trends, as compared to shorter-lived pandemic reactions?
Think of streaming displacing linear television. Streaming companies may not see the same kind of growth going forward that they saw during 2020, but we don’t think viewers are going back to scheduled programming.
Another example is high-speed internet companies, which benefited during 2020 from the need for better connectivity. There’s no reason to now downgrade to slower service as the pandemic recovery moves forward. E-commerce trends also accelerated – growth could be slower in years ahead, but there’s no reason to think people will go back.
Is there a sector where you think Harris’s views on post-pandemic trends differ from the broader consensus?
