It is difficult to imagine just how much the world of business will change as a result of the events of recent weeks. Very many companies may never open again, and many more will change how they do business forever.
One feature of a post-Covid-19 world is likely to be a significant increase in expenditure on healthcare at a national level.
There will be little resistance to spending more in this area and we can expect to see greater global co-operation on health issues in the future.
While the Government's involvement in the health sector is long-established and likely to grow, it may also end up supporting other sectors in new ways. It has already stepped up its involvement in childcare significantly.
A note from Davy to private clients last week highlighted that this is the second time in a generation that governments and central banks across the world have sprung into action in order to protect the broader system.
"In the long run, the role of government as a key stakeholder will be elevated - it may also demand a greater return (eg taxation) for its resources," said Davy.
More tax is a certainty down the line, not just to pay for the borrowing we will need during this health crisis, but also to support essential parts of our society which we would not have viewed as needing State support in the past.
Unlike the financial crisis, this time around global food supply chains and food retailers are a key sector feeling the pressure and will be looked at in a new light in the coming months and beyond.
There are many choke points in our food systems at present.
In the North of Ireland, we have already seen worker unrest at Moy Park, a major chicken processor on the island.
Hundreds of workers walked out over health and safety concerns. Poultry processing is an intensive business with employees working inches away from one another. Social distancing is not an option.
It is easy to understand staff concerns and also easy to see how outbreaks of the coronavirus could significantly interrupt parts of the supply chain in Ireland alone.
The note from Davy, which described the pandemic as "a watershed moment for boardrooms", said that the evaluation of supply chains will take on a new importance.
It said: "Risk analysis will require a much deeper understanding of supply chain robustness and where the dependency risk resides.
"Many organisations will place greater store in supply chain robustness, agility and location (driving localisation)."
Some other interesting observations in the note, which upgraded Kerry, touched on how consumers and workers might be changed by this pandemic.
There has been a lot of talk about how employers and employees might look at remote working when this is all over.
It will certainly accelerate a trend but I know many workers are missing the interaction that being in an office brings.
Microsoft Teams, Zoom and Google Hangouts are great in this time of self-isolation but they have not replaced real contact.
What many workers and their employers might prefer in the future is flexibility, and hopefully staff are proving that they can be just as productive when not present in an office.
Other demands which employers might face, Davy believes, include a greater need for job security, health insurance - which will only get more expensive - and better pension plans.
"Companies that lead and innovate on employee welfare will win the race for human capital and have lower incidences of employee churn," said Davy.
"For the winners, it provides an opportunity to embed and galvanise employee loyalty and trust (productivity)."
This would certainly be a positive for workers, who have not always been the focus of big business.
Davy also suggested that companies which are seen as doing the right thing during the pandemic might be rewarded on the other side of this.
There are already plenty of companies very clearly doing the wrong thing - Wetherspoons pub group being one of the most obvious - but given the seriousness of this event, new loyalties may endure well after this strange time has passed.