{"id":1860,"date":"2021-03-11T18:36:31","date_gmt":"2021-03-11T18:36:31","guid":{"rendered":"https:\/\/www.guardiancapital.com/investmentsolutions\/?post_type=insight&#038;p=1860"},"modified":"2024-08-12T20:25:17","modified_gmt":"2024-08-12T20:25:17","slug":"1860","status":"publish","type":"insight","link":"https:\/\/www.guardiancapital.com/investmentsolutions\/insights\/1860\/","title":{"rendered":"COVID-19: One Year Later"},"content":{"rendered":"<h2>Summary<\/h2>\n<ul>\n<li>One year ago &#8211; March 11, 2020, the WHO officially declared COVID-19 a global pandemic, and the world changed.<\/li>\n<li>Within 48 hours, travel was suspended in different parts of the world, professional sports leagues shut down, and the US declared a national state of emergency.<\/li>\n<li>Schools, public spaces and businesses would close shortly afterwards, as lockdowns became the norm around the world.<\/li>\n<li>These initial lockdowns hit economies hard, but the latest round appear to be having a comparably modest effect on activity.<\/li>\n<li>A likely significant factor in this surprising strength has been government fiscal aid worldwide.<\/li>\n<li>Yet it is not sustainable for governments to take a substantial share of their economies onto their balance sheet forever.<\/li>\n<li>Projections now suggest more than half of the world\u2019s population will be inoculated fairly soon.<\/li>\n<li>The combination of lower infection numbers and economic rebounds means the next 12 months appear significantly better than the last 12.<\/li>\n<li>There is still considerable lost ground to recover, and policymakers are likely to continue to err on the side of caution until this is well behind us.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>One year ago &#8211; March 11, 2020, the WHO officially declared COVID-19 a global pandemic, and the world changed. The combination of lower infection numbers and economic rebounds means the next 12 months appear significantly better than the last 12.<\/p>\n","protected":false},"comment_status":"closed","ping_status":"closed","template":"","insight_tags":[155],"class_list":["post-1860","insight","type-insight","status-publish","hentry","insight_tags-market-insights"],"acf":[],"lang":"en","translations":{"en":1860},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/insight\/1860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/types\/insight"}],"replies":[{"embeddable":true,"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/comments?post=1860"}],"wp:attachment":[{"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/media?parent=1860"}],"wp:term":[{"taxonomy":"insight_tags","embeddable":true,"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/insight_tags?post=1860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}