- Dec 12, 2000
I think the real bounce back will only come when NYC and Silicon Valley start getting back to normal. That’ll give a boost of confidence to all the traders and fund managers and PE firms who call NYC/Bay Area home. So watch for when NYC/SF bars and restaurants are back online and people return to work in those cities.Who knows when that will be. I don't think normal will return anytime soon.
Sustained growth might not be possible though—I’d expect a high degree of volatility over the next 12-18 months until we figure out if we can actually beat Covid and prevent annual recurrence.