economic commentary

December 31, 2020 - Vaccine Rollout vs. COVID Cases Increasing

The number of new COVID cases escalated to record levels over the quarter resulting in new lockdown measures being implemented in many parts of the world. On the flipside, however, several drug companies began to roll out COVID vaccines before the end of the year. This provided a boost to markets, giving investors hope that economic activity and social interaction might begin to return to a somewhat normal pace. Although the roll-out will be staggered on a priority basis and will take months for everyone to be immunized, it does provide a welcome dose of optimism as we enter 2021.

Economic Commentary Archive