Before we talk about the success stories,
it's important to put things in perspective. Global markets have fallen
sharply, with the FTSE, Dow Jones Industrial Average, and Nikkei all seeing
huge falls over the last few months. The US Senate passed a record-breaking
USD$2 trillion aid bill to help people survive, with most other nations passing
their own relief packages. The global tourism industry was decimated overnight,
the arts and events management sectors are pretty much non-existent, and the
entire hospitality sector is a shadow of its former self.
Despite the major economic downturn and
immense recovery ahead, not everyone has been suffering during this difficult
time. As you might expect, some healthcare companies are thriving, with
pharmaceutical companies set to play a huge role in the crisis recovery. Some
major players include Gilead, who own the rights to the treatment drug
Remdesivir; Moderna, who are actively working on a vaccine; and Roche, a major
supplier of testing kits. Medical supply companies are also doing well, as are
other manufacturing companies who ha [...]