New Reality, New Trends

Structural changes in world trade, consumer preference for living on the outskirts of cities and a growing demand for technological equipment to be able to work from home are some of the turns economies will experience in the new reality.

Friday, June 5, 2020

Most companies globally have been focused on understanding the new business environment, which derives from the change in the ways people relate to each other as a result of the covid-19 outbreak.

During the first weeks there was uncertainty about the new rules that would prevail in the market, however, little by little the panorama is becoming clearer for decision makers.

Learn about the "System for Monitoring Markets and Economic Situation in Central American Countries", developed by CentralAmericaData.

For Franco Uccelli, executive director and head of Client Investment Strategy for Latin America at J.P. Morgan, the change in structure encompasses different sectors.

According to the executive, trade at a global level will undergo a transformation, as it is expected that companies currently operating in China will decide not to operate in that country anymore due to fears of what may happen in the geopolitical relations of the world some kind of pressure from their own countries or other decisions.

See "China-U.S. Relations: Opportunities for the Region"

Regarding the place where the consumers live, Uccelli explained to Prensalibre.com that "... a process of de-urbanization is taking place. Many people, because of the trauma of this pandemic, may choose to leave the cities. This would not necessarily be to the rural area, but to the city shores. This would generate other types of demand, such as the demand for transportation, the purchase of a vehicle, among others, and that would benefit the sector.

You may be interested in "Geomarketing and Decision Making"

Uccelli added that "... Technology is in wide demand now for work activities and that trend could continue even after the pandemic is over. Many people have already found a taste for working from home, and companies have already found a taste for all people not to go to the office."

Also see "Electronics and IT: Market Trends"

The winning sectors worldwide have been technology and automation, corporations with a fairly stable financial situation, companies that can opt for delivery or home delivery, is one of the conclusions of the J.P. Morgan executive.

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