Poll: Race to Reset 🏃

Poll: Race to Reset

“Which of these sectors is poised for the fastest turnaround after Covid-19?”

  • 40%:   Tech and media
  • 31% Travel and leisure
  • 20%:    Retail
  • 9%:      Financials

Time is money! We asked the Invstr community to put us on a fast track to post-corona financial freedom, and you guys sure delivered!

If this pandemic changes the way people live and their interest in going out as spending power returns, brands like Nike might get back to all-time highs later than online ad giants like Google and Facebook. The public might wait before tip-toeing back outside.

Perhaps that’s why more than a third of our community think the market will pick up where it left off in February, with Big Tech leading the way. The likes of Amazon could resume business as usual even if consumers still don’t, as long as they have the green light to reopen fulfilment centres and to take employees off furlough.

With that said, however, it makes sense for retailers to print gains. There’s a double or more waiting for brick-and-mortar survivors if their stocks ever make it out lowest of their lows. The challenge is in picking the survivors. Retailers are getting flushed!

If tourists are given free roam in time for the summer holidays, big stock market strides could surface more quickly for travel and leisure picks. Think cruise lines, airlines and hotels, all on the watch list for 31% of the Invstr community. The same rules apply about finding said cruise line with long-term survival prospects. This virus could sink a company in months; a second wave would capsize it for good.

Banks are the bear’s bet. It might be because financial institutions have weathered this storm fairly well so far with strong fundamentals and essential services. They don’t have far to climb back to their previous highs, many already have. The banks make for a less risky investment this time around, in stark contrast to our last crisis!

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Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

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