The boost could reflect expectations that full approval will increase vaccination rates in 2 ways: More vaccination requirements by businesses and governments, and a greater acceptance by the public.
“With full approval and fears over the delta variant you’ve got a combo… that may help accelerate the number of vaccinations,” said Mike Bailey, director of research at FBB Capital Partners.
“I don't want to say this is a black-and-white scenario,” he said. “I do think, on the margins, there probably are some portion of vaccine-hesitant folks that are waiting for this.”found that nearly one-third of unvaccinated adults said they would be more likely to get the shot after the vaccine received full FDA approval.
Although none of the available vaccines is currently available for children under the age of 12, vaccine mandates for teachers and school staff could help keep classrooms open, which could improve the employment picture among parents sidelined by childcare demands over the course of the pandemic. “We are still a long way from achieving herd immunity,” Chris Zaccarelli, chief investment officer for the Independent Advisor Alliance, pointed out. “It will be a while before we are able to cross that threshold,” he added.
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