Dow surges but worries remain
News this month of three promising coronavirus vaccines has helped push the Dow Jones Industrial Average over 30,000, but some investors worry that slow vaccination rates may weaken next year’s expected economic recovery. Overall, 58% of Americans said in a Gallup poll that ended on November 1 that they would get vaccinated, up from 50% who were willing in a September poll. In the survey, 42% said they would be unwilling to get a vaccine, citing reasons such as the rushed development timeline and concerns about safety. Delays in vaccine distribution or widespread refusal to be vaccinated would allow the virus to continue to circulate longer and delay the development of herd immunity.
Published in The Express Tribune, November 29th, 2020.
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