As lockdown restrictions are slowly eased, this is the question in the back of many of our minds. Globalisation was already in trouble prior to the pandemic, is localisation now finally taking over for good? Are “brick and mortar” retail businesses standing on their last legs? Will a cashless society soon be the new normal? And what are the investment implications of this new post Covid-19 world? Niels Jensen, ARP founder and CIO, is addressing these and a few other questions.