The rollout of the COVID-19 vaccines is good news for society for many reasons. Most notably is the reduced risk of contracting and spreading COVID-19, but also notably is the benefits to the economy.
When the COVID-19 pandemic began and businesses and public places started shutting down, the market took a quick dive. It steadied itself a little bit after as relief packages helped keep the economy afloat, but bullish investors always hope the market can be doing even better. So, with the new vaccines rolling out, and the potential of having a fully vaccinated population by the end of summer, what can we expect from the market?
How have vaccinations impacted society today?
In Europe, where vaccines are being distributed quickly in many places, the market started closing higher as the vaccines were rolling out. In the United States, we can hope that the increasing rollout of vaccines will instigate a similar trend. As vaccines roll out, more businesses will open up again in full capacity and spending will increase, which should help support a bull market and boost investor portfolios.
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