Quote:
Originally Posted by ahnuld
just wondering what current consensus is when we can get back to generally normal living?
Personally I assume well have a couple vaccines before the end of the year but it will take 12 month to roll out to most developed countries. Was with some friends last night debating when to reschedule our boys trip to Scotland, group consensus was may would be too aggressive, but fall 2021 is more realistic.
If thats right theres another **** year of results ahead for theater, hotel, casino, airline stocks and im not sure if small mom and pops can survive it. curious how the government responds with stimulous to that scenario.
I think a lot depends on what happens in Europe this fall. If there's no second wave, then things should get back to normal by January or so. If there is a massive second wave, then who knows.
As far as a vaccine, I don't have much confidence that the early versions are going to be that effective. So if there is a second wave coming, the vaccines that are in development right now aren't going to make much of a difference.
But if there is no second wave, and a vaccine is approved, then I think that will boost the economic recovery even more, since it will give people peace of mind even if it doesn't work particularly well.
As far as a Scotland trip, I don't see a scenario where fall 2021 is any better than May of 2021. If the virus is still a problem in May, I would imagine it will remain a problem in the fall. The only way it wouldn't be is if scientists nailed the vaccine right out of the gate, which seems unlikely to me.