Though it may be premature to define the coronavirus effect in modern times a crisis, it is certainly heading that direction the longer it’s spread continues.
During this time, it is important to focus on things that we appreciate. Here is a brief list:
– Utility companies. Without these people doing their job, I can’t imagine how worse this quarantine situation can be
– Trucking and food transportation company. Though the majority of the economic activity has come to a near stop, companies who are involved in moving consumption products and essential equipment are important aspects of our daily lives. Nothing keeps a country stable than a stomach full of citizens.
– Safety. Though the majority of this type of service is funded via states and government, it is still important to appreciate the service that our police officers and emergency serviceman and woman. As long as our community is in order, progress is not far away.
– Communication. Staying home is much less tolerable when we don’t have access to unlimited digital consumption. And the internet is almost the only way people communicate and get informed. Not to mention the internet is becoming the main communicator for people working from home.
Though some of the companies involved in the above-mentioned sectors are getting assistance from the government , direct funding to public companies from the government could have unforeseen negative economic impact i.e inflation, credit risk to name a few. This can be limited if stocks of these companies can be bought by more and more investors. Impact investing is more than just return on capital, it is about investing in companies with strong corporate governance and are involved in supporting the stability of our society. It is very important to recognize the influence investors have on the current economic health and beyond. And this can be done through impact investing.
Even a single drop is an addition to the ocean.
