Here’s my take from this, imho,
We’ll get through this by hook or by crook. No one will sit around and let the economy collapse due to an illness with a 2 pc death rate. Given that, we‘ll have this period during which we all standstill, then we’ll all come back slowly, perhaps in waves, but given no vaccine until next year, the affected industries will remain affected until that occurs, which is likely until at least a summer 2021. Think an order of a 20-30 % decline in business For those industries. I.e. many won’t want to take a plane, got to WDW, take a cruise, eat at a restaurant, while there’s still a threat of contracting this, however small, given the panicked hysteria we’ve been inculcated with.
2 yrs from now, this will be just another seasonal illness, god willing, which, like the flu, has a baked in death rate we all live with every day. Problem is the hysteria this has caused has done multiquarter damage, at a minimum, to our economy in just two short weeks.