Social-Distancing ETFs Worth a Look As Pirola Covid Variant Spreads

Logo NasdaqNasdaq
2023-09-06 14:00:00  • 4 mins

A highly-mutated Covid-19 variant designated as BA.2.86, referred to as "Pirola," has surfaced and been detected Israel, Canada, Denmark, the UK, South Africa, Sweden, Norway, Switzerland and Thailand. This has prompted concern within the global scientific community and triggered the question if the mask mandate would be back.

The rate at which global Pirola cases have doubled within a mere week has sparked apprehension about the likelihood of it catalyzing a fresh wave of the pandemic, according to a report by the Daily Mail, quoted on Times of India.

Mask mandate or not, an inclination toward social distancing might increase as grave memories of past sufferings are still alive in consumers psyche. The outbreak of the coronavirus globally established digitization as the new normal in 2020. Since then, business entities became more interested in cloud computing, automation and artificial intelligence to establish smooth supply chain systems.

Investors should note that cloud computing had emerged as a key technology in the peak of the pandemic and has been keeping up with the growing work-from-home trend in the fight against coronavirus. The pandemic has been a blessing in disguise for the e-commerce industry as well as people continue to practice social distancing and shopping online for all essentials.

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