While it is safe to say every economic crisis is different, it does not seem fair to compare this crisis to any other. The global impact of the COVID-19 pandemic is unprecedented in modern times. In response, governments around the world have restricted travel, and closed public spaces, restaurants, theaters, and “non-essential” businesses. About 75% of the U.S. population is currently subject to stay-at-home orders. Millions are suddenly furloughed or unemployed.
This is different.
As consultants to boards and management teams, Exequity has been closely monitoring public disclosures for what companies are doing, and how they are responding. To that … Read more