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The Long Covid Economy: Will the pandemic permanently change our society and investments?
Many Happy Returns
Can You Stop Saying Something Like That?
The health system and the care system is really struggling to catch up. People have long COVID, people left other conditions untreated during the pandemic. And then coming back to the changes that we saw, well, the Federal Reserve had a $9 trillion dollar balance sheet after COVID because of all the kind of stimulus they had to do in order to get bond markets functioning again. The Bank of England is actually actively selling its bonds, whereas the Federal Reserve is simply letting them mature. Same time as the Bank of England, maybe that's not a good thing. But in terms of market impact, I mean, you just look at growth stocks, what happened during the pandemia, a
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