Most resilient sectors through COVID outlook 2021-2023: Which groups will still bring in IB revenue?
Posting this to get a discussion circulating. If there is anyone else in the industry who has insight or perspectives on this would be great if you can share.
What do other people think about booming sectors like Tech or sectors that may prove fruitful say such as Real Estate during this shitstorm
Healthcare: obviously doing well
TMT: doing well, i.e. all the IPO's recently, decent amount of M&A going on also, cloud etc...
Real Estate: going to do well - consolidation office space etc...?
Natural Resources: bye bye, hello electric cars and climate change junkies
Power and Utilities: idk
Consumer/Retail: getting hit? because of brick and mortar shut downs?
Industrials: airlines (financing activity), what about industrial m&a?
FIG: seems to be a group that is always busy
Do people think some groups will have more staff cut than others? Will it mainly be VP's or could it be associates also? Will I not get as many new incoming analysts in my group unless im in a booming sector hc/re/tech/dcm/levfin?
I know no one has all the answers but just interesting see people's viewpoints.