Delta Variant Can Still Clip U.S. Economy’s Wings

The Wall Street Journal2021-07-22

Variant might not have the same impact as previous surges, but spotty rates of vaccination mean it could slow growth. The Delta variant of the coronavirus probablywon’t derail the U.S. economy. That ...

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Comments

Gemfire
2021-07-23
Gemfire
When will it end?
CL777
2021-07-23
CL777
Spreading fast
- jason90:
  Good
SLabcd
2021-07-23
SLabcd
Possible
- SLabcd:
  Ok
- Huatkor:
  I hope it just stop at delta The more the pandemic drags, the higher the risk of this bloody virus mutating again
- Zhengxiang:
  [What]
firefirefire
2021-07-23
firefirefire
People who started the fire will get burned one day...
PKJCHIA
2021-07-23
PKJCHIA
?
- TBPromo:
  Ik
GreenMocha
2021-07-22
GreenMocha
Nice

Leave a comment

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That ...</p>\n\n<a href=\"https://www.wsj.com/articles/delta-variant-can-still-clip-u-s-economys-wings-11626959045?mod=rss_markets_main\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.wsj.com/articles/delta-variant-can-still-clip-u-s-economys-wings-11626959045?mod=rss_markets_main","article_id":"1170462111","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170462111","pubTimestamp":1626960206,"sourceInfo":null,"weMediaInfo":null,"summary":"Variant might not have the same impact as previous surges, but spotty rates of vaccination mean it c","collect":0,"end_time":0,"defaultTopTitle":"wsj.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"translate_title":"德尔塔变体仍能夹住美国经济的翅膀","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9},"content_text":"Variant might not have the same impact as previous surges, but spotty rates of vaccination mean it could slow growth.\n\nThe Delta variant of the coronavirus probablywon’t derail the U.S. economy. That doesn’t mean it can’t damage parts of it.\nFor a while, America’s progress against the Covid-19 pandemic looked very good. Millions of people were getting vaccinated each day, Covid-19 cases, hospitalizations and deaths were falling, and a return to something like normal beckoned. But then the vaccine rollout slowed markedly just as the far more contagiousDelta variant took hold. Cases, hospitalizations and deaths have begun to rise.\nIt is tempting to imagine the Delta variant won’t dent the economy at all.\nAcross the board, state and local officials seem far less apt to dial up restrictions in response to rising Covid-19 cases than they were a year ago, while the places with low vaccine uptake also happen to be the places that are most resistant to restrictions. 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Some companieswill delay their return to the office, as Apple just did, and that will hurt downtown restaurants and the like that depend on office workers’ business.\nBear in mind that the places where vaccine hesitancy is high and Covid-19 worries low aren’t monolithic: Some share of the population will up their caution, in some cases even if they are fully vaccinated for fear of a breakthrough infection. And the more new cases there are in their communities, the more cautious they will become.\nNor are places where vaccination rates are better necessarily going to avoid the fallout from the contagious Delta variant. Around 72% of the 18 and over population of Los Angeles County have received at least once shot, more than the country at large, yet with case rates and hospitalizations rising, last week it reinstatedan order to wear masks indoorsin businesses and public places.\nThen there is the question of what the start of the coming school year might look like. Children under the age of 12 aren’t eligible for vaccination, and authorization for children between 5 and 11 looks as if it won’t comeuntil sometime in the fall, at the earliest. Most schools intend to return to in-person classes, with some offering remote options, but the Delta variant could upend some of those plans.\nAt the very least parents might need to prepare for the possibility of a positive Covid test shutting down a classroom, leaving their children, and them, stuck at home. Strategists at Evercore ISI point out that the return to school this fall was supposed to free parents for work, boosting the labor supply. But some of the job growth and easing of hiring strains that could create might now be deferred.\nThe economy has been growing since April last year—a point brought home by the National Bureau of Economic Research’srecent determinationthat that was when the brief, severe recession the pandemic brought on ended. It kept growing despite a new surge in Covid-19 infections last summer and another wave in the late fall through winter. Unlike in those previous surges, many Americans have been vaccinated so the impact won’t be as severe as it otherwise might have been.\nBut things could have been so much better.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":175063871,"gmtCreate":1626998895593,"gmtModify":1703482047451,"author":{"id":"4090100164800800","authorId":"4090100164800800","name":"Gemfire","avatar":"https://static.tigerbbs.com/9f6970b23dbda84f8957b0d6176e0ff5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4090100164800800","authorIdStr":"4090100164800800"},"htmlText":"When will it end?&nbsp;","listText":"When will it end?&nbsp;","text":"When will it end?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175063871","repostId":1170462111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":175033986,"gmtCreate":1626997988945,"gmtModify":1703482005512,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"htmlText":"Spreading fast","listText":"Spreading fast","text":"Spreading 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Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.23","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":172761664,"type":1,"supId":0,"prevId":0,"content":"I hope it just stop at delta  The more the pandemic drags, the higher the risk of this bloody virus mutating again  ","text":"I hope it just stop at delta  The more the pandemic drags, the higher the risk of this bloody virus mutating again  ","html":"I hope it just stop at delta  The more the pandemic drags, the higher the risk of this bloody virus mutating again  "},{"id":5298436,"gmtCreate":1626995199614,"gmtModify":1663231342151,"authorId":3581662739379335,"author":{"id":3581662739379335,"idStr":"3581662739379335","authorId":3581662739379335,"name":"Zhengxiang","avatar":"https://static.tigerbbs.com/90952562f226a13c89669afb4338a801","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":172761664,"type":1,"supId":0,"prevId":0,"content":"[What]","text":"[What]","html":"[What]"}],"langContent":"EN"},{"id":172445440,"gmtCreate":1626988969280,"gmtModify":1703481809262,"author":{"id":"3570742778586711","authorId":"3570742778586711","name":"firefirefire","avatar":"https://community-static.tradeup.com/news/e33159cc1bfc6784fa479fe87a11fd33","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3570742778586711","authorIdStr":"3570742778586711"},"htmlText":"People who started the fire will get burned one day...","listText":"People who started the fire will get burned one day...","text":"People who started the fire will get burned one 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