Which shape of recovery?

Today, everyone is wondering which shape will the post-Covid-19 recovery take.

Highly optimistic folks predict it will be in the form of a “V”. As soon as the economy reopens, business will jump back to normal almost as as fast as it went down.

More realistic people are of the opinion that it will take a long time to develop a short-term treatment followed by an effective vaccine. They also also think it will take longer for consumers to go back to their favorite restaurant, bar, theater, stay in a hotel they feel good about, or sit down in an airplane. They see a long and gradual recovery shaped like the famous Nike “swoosh”, logo.

Pessimists are afraid that we’ll be hit with a return of the virus that is going to cancel a short-lived recovery and will take even more time and resources to get us back to normal. Their version of the recovery looks like the letter “W”.

Finally, there are those who are even more pessimistic and can’t see any way out of our current economical predicament. They see no recovery and their future situation is shaping like a “L”…

Where do I stand in that alphabet guessing-game?

I’m a Nike fan and I’ll go for the “swoosh!”