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An interesting study shows how Covid has affected happiness levels across the globe and across age groups. The interesting finding is that the world as a whole wasn’t any more or less happier during the peak of the pandemic relative to pre-Covid times. However, there are differences across geographies as well as age groups. The latter is intriguing indeed. The study notes that the old have become happier relative to the young, somewhat counter-intuitive at first given that Covid has been more lethal for the older age groups. The article reckons that the old who survived feel a sense of accomplishment for surviving the threat where as the young have been subjected to uncertainty around employment, loss of social relationships during lockdowns, etc.
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Note: The above material is neither investment research, nor financial advice. Marcellus does not seek payment for or business from this publication in any shape or form. The information provided is intended for educational purposes only. Marcellus Investment Managers is regulated by the Securities and Exchange Board of India (SEBI) and is also an FME (Non-Retail) with the International Financial Services Centres Authority (IFSCA) as a provider of Portfolio Management Services. Additionally, Marcellus is also registered with US Securities and Exchange Commission (“US SEC”) as an Investment Advisor.