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Bloomberg

A year after Covid Crash, the pandemic losers are the new winners

(Bloomberg) – A year after Covid-19 reordered world markets, triggering a brutal sell-off of many stocks and creating new treasures, the prospect of vaccine-led reflation is turning the tide of the pandemic’s biggest laggards. the hardest hit during the early days of the crisis helped equity benchmarks around the world reach near-record highs. The likes of European tour operator TUI AG and US mall owner Simon Property Group Inc. are among those who have recovered most strongly. “There are ample opportunities in those laggards,” said Hani Redha, a portfolio manager at …

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