Pandemic fatigue is real; it’s spreading and aiding recovery in corporate earnings. From the third quarter onward, pandemic fatigue is seen as a key trigger for earnings revival. An analysis by rating agency Crisil Ltd showed pandemic fatigue is catching up in India. In September, despite caseloads rising, mobility improved as curbs eased, recovery rates improved, and there was pandemic fatigue," it said in a report on 11 November. This, coupled with the festive season, should result in a continuation of the earnings recovery.
Source: Mint November 16, 2020 00:56 UTC