Exiting Corona Safely financially!

As countries across the globe start to lift lock-downs and relax restrictions, there is the natural human impulse to do something to celebrate freedom, survival, hope and a future. Be careful!! As wealth managers many of our clients have asked us how best they can stay safe financially as the world threatens to return to a new normal…..  Firstly, my own opinion is that medically things are going to get a whole lot worse before they get better. Government management of the pandemic has been very, very poor nearly everywhere and I expect a large second wave of infections in UK, US and across much of Europe. In Uganda we are only now seeing the first spike and there may be more restrictions ahead. We are certainly NOT home and dry in terms of the pandemic itself. Also Read: Coronavirus update: E. Africa postpones Heads of State meeting   What is inarguable is that the chaos of Corona is the catalyst for a worldwide recession which is actually overdue by some time.  Clearly most businesses suffer in recession but not all do. In terms of the businesses that thrive and survive recession these have typically been in the following sectors:  Food – the last thing