3 ms·
I imagine Amazon will do well in some areas (consumers) initially, but overall will see a drop in demand as the crisis really bites - businesses have stopped or
by grey-area 7y ago
I imagine Amazon will do well in some areas (consumers) initially, but overall will see a drop in demand as the crisis really bites - businesses have stopped ordering, and consumers will stop ordering soon to save money. It will be interesting to see how this plays out but I think US markets are far too optimistic at present, and this is going to have a very large impact economically, because it won't be over as soon as say Trump hopes, and premature attempts to reopen will be disastrous.
Strangely enough I think the disease and its impacts will have far less impact on our behaviour than the economic impact of mass layoffs and shuttering the world economy for months. I don't think we've ever seen a drop in consumption of this magnitude and the road back to normality will be slow.