How is Coronavirus Affecting Cars, Casinos and Comfort Food?

Morningstar analysts look at how various sectors could be hit by the impact of coronavirus, including opportunities in fast food chains, automotives and casinos

Holly Black 23 March, 2020 | 10:35AM

mcdonalds

The effect of the coronavirus on companies across the world is likely to be huge, but some businesses are better placed to benefit from others. Morningstar analysts offer their views on some of the most popular investment sectors:

American Autos: No Time to Panic

David Whiston

Before the coronavirus pandemic, we were more bearish on 2020 US automotive demand than most, forecasting a decline from 2019 of up to 3.6%. The impact of the virus on US auto sales is still in its early stages, and there is little data yet to gauge the impact, so we are not changing our forecast at this time.

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About Author

Holly Black  is Senior Editor, Morningstar.co.uk

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