Although getting vaccinated is a personal decision and everyone is entitled to their right and their freedom in the United States, that decision could reflect what occurs in the stock market in one way or another. For example, the more people who forgo the vaccine could delay school reopening, send some consumers back to lockdown – just some factors that slow economic recovery. Currently, the decision has come into the spotlight once more with the Delta variant of the coronavirus. The Delta variant now accounts for most infections in the United States, and it’s causing new outbreaks in areas with low vaccination rates. For example, In Florida, which has a lower vaccination rate than the national average, COVID cases nearly tripled from June to July. Some other states affected with worsening infection rates are Georgia, Louisiana, Idaho, and Wyoming.
Some have found this backsliding of progress frustrating given the US has an oversupply of vaccines. And despite the overall reduction in deaths post vaccine rollout, the trend is likely to flip with deaths made up of those who decided against the vaccine. In fact, The University of Washington forecasts an increase in deaths through the end of summer and into the fall. Moreover, the variant is causing many areas in the US to reinforce mask mandates in public areas, in fact, some schools and government agencies are even requiring vaccines to return. What do you think about the Delta variant and the unvaccinated? And will this just be a small speed bump in the markets? Or something bigger?
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.