{"id":8779,"date":"2020-08-10T16:20:31","date_gmt":"2020-08-10T16:20:31","guid":{"rendered":"https:\/\/zackspcg.com\/blog\/?p=8779"},"modified":"2022-02-26T13:06:33","modified_gmt":"2022-02-26T13:06:33","slug":"could-an-economic-revival-follow-the-pandemic","status":"publish","type":"post","link":"https:\/\/zacksim.com\/blog\/could-an-economic-revival-follow-the-pandemic\/","title":{"rendered":"Could an Economic Revival Follow the Pandemic?"},"content":{"rendered":"\n<p>The combined impact of the 1918 Spanish flu and World War I took\na devastating toll on society and the global economy. It is said that more\npeople died of the Spanish flu than total casualties from the war, with the\nnumbers possibly between 50 million and 100 million.<sup>1<\/sup> Take a moment\nand try to imagine how challenging of a period that must have been for people\naround the world. How impossible it must have felt to be optimistic about a\nbrighter economic future, and better public health, in such a dark period.&nbsp; <\/p>\n\n\n\n<p>But what happened next was not an extension of a dark time,\nit was an all-out revival of the culture and the economy. What came next was\nthe Roaring Twenties. <\/p>\n\n\n\n<p>In the decade that followed the Spanish flu pandemic and the\nWorld War, the U.S. economy is estimated to have grown over 40%, with mass\nproduction leading to more goods and more jobs, and with the auto and aviation\nindustries seeing rapid growth. Women were given the right to vote. The stock\nmarket surged. And the U.S. cemented its place as a global power.<sup>2<\/sup> <\/p>\n\n\n\n<p>_________________________________________________________________________<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/go.steadyinvestor.com\/arrow-stock-market-outlook?source=website&amp;medium=blog&amp;term=motm_blog_2020_8_10&amp;content=stock_market_outlook_report\">Not Sure What\u2019s Next for the Market? Download Our Stock Market Outlook Report!<\/a><\/strong><br> &nbsp;<br> If this pandemic does open the door for an economic revival, the question remains what innovations could lead us into this next chapter? Tech seems to be at the forefront, but don\u2019t forget the importance of diversification. Instead of narrowing in only on tech, I recommend keeping your eye on other top sector picks. <\/p>\n\n\n\n<p>Our just-released stock market outlook report\nlooks at Zacks S&amp;P 500 top picks as well as other key factors impacting the\nmarket today such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><em>S&amp;P 500 yearend targets<\/em><\/li><li><em>Zacks view on Equity Markets<\/em><\/li><li><em>What sectors are attractive and which are\nnot?<\/em><\/li><li><em>International outlook<\/em><\/li><li><em>Zacks S&amp;P 500 sector picks<\/em><\/li><li><em>Impacts of Coronavirus<\/em><\/li><li><em>And much more<\/em><\/li><\/ul>\n\n\n\n<p>If you have $500,000 or more to invest and want to learn more about these forecasts, click on the link below to get your free report today!&nbsp;<\/p>\n\n\n\n<p><strong>IT&#8217;S FREE. <\/strong> <a href=\"https:\/\/go.steadyinvestor.com\/arrow-stock-market-outlook?source=website&amp;medium=blog&amp;term=motm_blog_2020_8_10&amp;content=stock_market_outlook_report\"><strong>Download the Just-Released August 2020 Stock Market Outlook Report<\/strong><\/a><strong> <\/strong><sup><strong>3<\/strong><\/sup><\/p>\n\n\n\n<p>_________________________________________________________________________<\/p>\n\n\n\n<p>Not long after, the U.S. was faced with a new set of\nmonumental challenges \u2013 the arrival of World War II and concurrent waves of\npolio outbreaks. The war boosted production but was a major drag on sentiment\nand trade, and it took years after the war to see price controls and rationing go\naway.<\/p>\n\n\n\n<p>Then in 1949, the new polio epidemic appeared and ravaged\nseveral population centers. The nation was confronted with devastating images of\nchildren in wheelchairs, crutches, and leg braces. In the 1952 polio outbreak \u2018season,\u2019\nthere were 57,628 cases, 3,145 deaths, and an astounding 21,269 who experienced\nparalysis.<sup>4<\/sup>&nbsp;<\/p>\n\n\n\n<p>Even still, as the crisis blunted sentiment and had many\nAmericans worried about the future, the steel mills were booming, the nascent oil\nindustry was expanding at a rapid clip, the civil rights movement was born, and\nthe \u201cgolden age of American capitalism\u201d took hold. The stock market, ever on\ncue, continued to rise. <\/p>\n\n\n\n<p>Then there was the 1957-1958 H2N2 pandemic,\nwhich over time led to an estimated 1.1 million deaths worldwide. Some 20\nmillion Americans were infected, and 116,000 died. Yet, the period that\nfollowed was one of the best economic stretches in U.S. history. During the\n1960s, it is estimated that real GDP growth averaged 5%, with growth as high as\n8.5% in two quarters.&nbsp;Payrolls in\nthe U.S. also increased by 32% over the course of the decade, which\nshattered records for job growth. A pandemic gave way to a \u2018great economic\nrevival.\u2019<sup>5<\/sup><\/p>\n\n\n\n<p><strong>Bottom Line for\nInvestors<\/strong><strong><\/strong><\/p>\n\n\n\n<p>I realize that for many readers, the ongoing Covid-19\npandemic \u2013 coupled with relentless news coverage and a general aura that the\nsituation is worsening \u2013 may make it seem like the outlook for growth in the\ncoming years or decade is tenuous at best. For some, there may even be the\nfeeling that the economy and the culture may never recover. I strongly disagree.\n<\/p>\n\n\n\n<p>I will be the first to admit that the path to growth\nfollowing the pandemic may be uneven and will almost certainly take time. But I\nbelieve in the ingenuity of innovators and entrepreneurs in the American\neconomy, and I have been fascinated to watch as technological changes, systems,\nand inventions are reshaping business in new ways. The transition will take\ntime, but I think we will see a strong economic revival when the crises fades. &nbsp;<\/p>\n\n\n\n<p>So instead of focusing just on the fears surrounding the pandemic, try and look at the whole picture and other sectors and stocks that are doing well. To help you do this, I am offering all readers our<a href=\"http:\/\/Download the Just-Released August 2020 Stock Market Outlook Report\"> <\/a><strong><a href=\"http:\/\/Download the Just-Released August 2020 Stock Market Outlook Report\">Just-Released August 2020 Stock Market Outlook Report.<\/a><\/strong><\/p>\n\n\n\n<p>This Special Report is packed with newly revised predictions\nthat can help you base your next investment move on hard data. For example,\nyou&#8217;ll discover Zacks\u2019 view on:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><em>S&amp;P 500 yearend targets<\/em><\/li><li><em>Zacks view on Equity Markets<\/em><\/li><li><em>What sectors are attractive and which are\nnot?<\/em><\/li><li><em>International outlook<\/em><\/li><li><em>Zacks S&amp;P 500 sector picks<\/em><\/li><li><em>Impacts of Coronavirus<\/em><\/li><li><em>And much more<\/em><\/li><\/ul>\n\n\n\n<p>If you have $500,000 or more to invest and want to learn more about these forecasts, click on the link below to get your free report today!<strong><sup>6<\/sup><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A look at history shows that previous pandemics were followed by strong economic revivals<\/p>\n","protected":false},"author":3,"featured_media":7430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,71],"tags":[],"class_list":["post-8779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mitch-on-the-markets","category-private-client-group"],"acf":[],"_links":{"self":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/8779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/comments?post=8779"}],"version-history":[{"count":1,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/8779\/revisions"}],"predecessor-version":[{"id":10564,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/8779\/revisions\/10564"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/media?parent=8779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/categories?post=8779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/tags?post=8779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}