There is some sense in this. The election is still more than four months away, and lots can happen between now and then. And of course Trump upset the odds four years ago. It doesn’t seem wise for those putting money on the outcome to bet any more on a Trump defeat.
That seems sensible of them. And for the next few weeks at least, the political risks may well be skewed the other way. After such a crescendo in negative sentiment, there is every chance that Trump’s political fortunes are about to appear better. That in turn could help juice markets that are uncomfortable about the prospects of a Democratic clean sweep bringing higher corporate taxes in its wake. After enjoying some of the very funny memes that make fun of the Trumpian embarrassment, it might be as well to prepare for a recovery in his political fortunes, at least for a while.
Survival Tips
Returning to Apple, I cannot deny it’s a good company. Its flagship Manhattan store, on Fifth Avenue at the corner of Central Park, has reopened, and so I took a laptop in for repair Tuesday. Quite a landmark, the store is underground, and can only be reached via a beautiful staircase encased in a glass cube. The store is lit by skylights set into the plaza above. And, I discovered, those skylights are six feet apart from each other. Social distancing therefore couldn’t have been easier. I joined the line, stood on a skylight, and periodically moved forward to the next one.
Inside, the tables are set out just as they always have been—six feet apart from each other. If the architects had known exactly what was going to hit us, they couldn’t have designed it more perfectly for the world of coronavirus.
So there are worse things than sticking with Apple and its products, despite what I said about them earlier. And if the world of retail is going to change as much as many now say, it probably makes sense to expect more outlets to look like Apple stores in future.
This article was provided by Bloomberg News.