Artemas Wealth Management

Envisioning a post-pandemic future

October 20, 2020

The American mathematician Claude Shannon famously established a lower bound for the number of possible moves in a typical chess match: around 10120. That's 10 with 119 zeroes after it. Reflecting on when the COVID-19 crisis began to unfold across the globe, I think the Shannon number adequately captures the breadth of possible economic outcomes at the time.

Vanguard Australia Market News Sept 2020

As the crisis has evolved, however, two things have become clear: the pandemic has accelerated some trends already in place, and COVID-19 will have implications that are opaque now but that will become undeniably clear and meaningful over time.

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