What are some foreseeable impacts of Covid-19?

Definitely. Fear has started to sink into the US markets which was previously quite sanguine. Gold is skyrocketing. Crude oil is plummeting.

Certain sectors will feel the impact more than the others. As the outbreak worsens and death toll rises, a rise in global awaraness for personal protective equipment such as gloves and masks spurs demand.

Companies with significant reliance on China for factors of production will be hit severely. Production of machineries are unable to continue without these spare parts. Traditional brick-and-motar stores will feel the hit as consumers shy away from physical to online shops. Businesses that are most adept with this shift are more likely to sustain.

All in all, it depends on the confidence level of the consumers. In Singapore, things look rather ok compared to China where some cities have become ghost towns.​​​