Is the Pandemic Still a Problem?

6/1/2022

Covid-19 impacted the lives of individuals across the globe. Regardless of which side of the debate you were on regarding masking and vaccinations, there has been a significant change in many areas of individual’s lives throughout the pandemic and ongoing. Initially it was thought that these changes would be temporary, and that life would be able to go back to “normal”. In some cases that was true, with mask mandates largely an issue of the past in most areas of the country. How do wealthy investors feel about the pandemic now, and are there issues regarding the pandemic that continue to impact their decision-making

Nearly two-thirds, 62 percent, of investors agree that the pandemic will be an ongoing issue for many years to come. This sentiment is felt most strongly among Professionals, investors in Information Technology, and Democrats. Nearly a quarter of investors aren’t sure if they agree with the idea of the pandemic being an ongoing issue for many years to come.

One of the issues the pandemic created was that meeting in person, for any reason, was stopped. While investors have reintroduced seeing people in-person for social reasons, returning to face-to-face meetings have been slow to come back. Nearly two-thirds of investors are more open to meeting face-to-face now than they were in the previous two years when the pandemic was at it’s peak. Baby Boomers are the most comfortable with returning to in-person meetings at 70 percent, while Gen X are the least open to returning to normal meetings at 57 percent.

Given that investors feel the pandemic will be an ongoing issue for many years to come, do investors care about the Covid-19 protocols that companies have, and more importantly, are investors more likely to use a company that has stringent Covid-19 protocols? Just over a third of investors would be more likely to use a company that has strict Covid-19 requirements. This percentage jumps up to 47 percent among Millennials, and just over half among Democrats. Not surprisingly, Professionals, which includes physicians and dentists, are far more likely to use a company that has stringent requirements regarding Covid-19, with 70 percent indicating they feel that way.

One of the issues the pandemic created was that meeting in person, for any reason, was stopped. While investors have reintroduced seeing people in-person for social reasons, returning to face-to-face meetings have been slow to come back. Nearly two-thirds of investors are more open to meeting face-to-face now than they were in the previous two years when the pandemic was at it’s peak. Baby Boomers are the most comfortable with returning to in-person meetings at 70 percent, while Gen X are the least open to returning to normal meetings at 57 percent.

Given that investors feel the pandemic will be an ongoing issue for many years to come, do investors care about the Covid-19 protocols that companies have, and more importantly, are investors more likely to use a company that has stringent Covid-19 protocols? Just over a third of investors would be more likely to use a company that has strict Covid-19 requirements. This percentage jumps up to 47 percent among Millennials, and just over half among Democrats. Not surprisingly, Professionals, which includes physicians and dentists, are far more likely to use a company that has stringent requirements regarding Covid-19, with 70 percent indicating they feel that way.