Cash is an endangered species - Jody JonssonĪ decade from now I think digital payments will be the norm, and people will give you odd looks if you try to pay with cash. Many of the technologies already exist, but I believe there's still so much untapped potential for innovative companies to think bigger and use them in ways that solve societal problems. Our lives could be better, richer, healthier, cheaper and profoundly more digital, virtual and data centric. In 2030 we may be living, working, studying and playing in a radically new world. And we’re doing things in our daily lives we never imagined would happen this quickly. We’ve already seen an almost magically rapid development of COVID vaccines at a speed few thought possible. economy that lasted for decades.ĬOVID could be the trigger that spurs us to tackle critical issues in the US over the next decade, such as the cost of health care, education and housing. That incredible transformation sparked a period of innovation and growth in the U.S. Yet by the end of the war they had entered the atomic age. Ten years from now I think we will look back on COVID as our generation’s 'Pearl Harbor moment' - a period when extreme adversity spurs innovation and behavioral changes to help address some of the era’s biggest problems. COVID could be this generation’s Pearl Harbor - Martin Romo Here are six portfolio managers’ perspectives on the world in 2030, and how these shifting trends influence their investment decisions. In the portfolios that I manage, my average holding period is about eight years, so I’m living that approach to investing.”Ĭapital Group asked its investment team to look in their crystal balls to envision how life may change by the end of the decade. "Imagining life in 2030 is not a hypothetical for me. Capital Group's Vice Chairman Rob Lovelace says:
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The world in 2030 may seem a long way off, but for long-term investors, it's an appropriate timeframe. Featuring: Martin Romo, Jody Jonsson and more