We’ll Always Have Covid

Contact Your Elected Officials
Wall Street Journal Header

The Delta variant spooks markets, but the vaccines work even if the virus won’t go away.

Will the pandemic ever end? That’s what investors asked Monday as they sold off stocks and rushed into bonds on fears that Covid-19’s Delta variant will slow the economic recovery or lead to more lockdowns. Let’s hope the political class has learned some lessons from the last 18 months—namely, that Covid will always be with us, and that we have to live with it without shutting down the economy.

New Covid uncertainty and political angst explains the 2.1% drop in the Dow Jones Industrial Average. Value stocks tied to the reopening such as airlines, hospitality and energy companies took the biggest hits. Companies that have benefited from lockdowns were less affected. Etsy, which has made a niche market selling hand-made masks, rose 3.2%.

The Delta variant is estimated to be more than twice as transmissible as the original Covid strain that emerged from Wuhan. Australia reports that several people were infected after “fleeting” contacts in a shopping mall. U.S. Covid cases have tripled in a month, as states lifted restrictions and travel rebounded. In the U.K., which has among the highest vaccination rates in the world, cases are approaching their winter peak.

Previously infected individuals appear to be more susceptible to re-infection by the Delta variant, which could explain some of the rising cases. The Pfizer vaccine is also estimated to be 10% to 30% less effective at preventing symptomatic illness, which means more infections among the vaccinated. Chinese vaccines appear to be less effective, and many developing countries that took the Chinese shots are administering booster shots by Western manufacturers.

But none of this is cause for Covid panic or more lockdowns. Vaccines are still highly effective at preventing severe illness, which is why hospitalizations in the U.K. have increased much less than cases. Some 99% of hospitalized Americans now are among the unvaccinated. Most vaccinated people with new infections—such as the five Texas Democratic state lawmakers who fled to Washington, D.C., last week—experience cold-like symptoms.

By The Wall Street Journal Editorial Board

Read Full Article on WSJ.com

Wall Street Journal
Wall Street Journalhttps://www.wsj.com/
The Wall Street Journal was founded in July 1889. Ever since, the Journal has led the way in chronicling the rise of industries in America and around the world.

AI Takes Customer Service from Doublespeak to Triplespeak

Corporations are replacing customer service agents with AI agents. Here's a real-life example of attempting to use AI to have my internet restored.

The Left’s Descent into Extremism  

The political left, from mainstream Dems to radical Antifa, have embraced extremism, alienating swaths of the public and undermining their own influence.

Roger Stone Speaks About Trump at Turning Point USA

Longtime Donald Trump friend, Roger Stone, gave a speech at the 2025 TPUSA convention offering his take on the recent Epstein List controversy.

Dredging the Swamp For CNN RINOs

Epstein ran a multinational child sex trafficking ring to service and entrap political and business elites to blackmail and to usurp democratic governance.

Trump Turned His Head And Saved America

It was a turn of President Trump's head to view an immigration chart that saved his life. It was Divine intervention, God saved Trump so he could save America.

Federal Appeals Court Upholds Constitutionality of Gun Bans for Drug Users

Federal appeals court ruled law barring people who regularly use illegal drugs from owning guns is constitutional because of public safety concerns.

Gut Bacteria Could Help Remove ‘Forever Chemicals’ From Body

Researchers found that nine species of gut bacteria can help detoxify the body from forever chemicals, absorbing PFAS linked to cancer and other illnesses.

Trump Urges Supreme Court to Allow Firing of Biden Appointees at Consumer Commission

President Trump urged the Supreme Court on July 14 to lift a lower court order blocking his firing of three Biden appointees at the CPSC.

Jeffrey Epstein’s accomplice Ghislaine Maxwell ready to reveal ‘truth’ of pedophile client list

Ghislaine Maxwell is only person serving time on child sex trafficking despite fact that pedophile Jeffrey Epstein allegedly controlled a web of underage girls.

Trump to Announce $70 Billion Energy and Innovation Investment in Pittsburgh

President Trump is meeting with business leaders to discuss how best to meet the energy and computing needs of the future.

Trump Says He Spoke to Bongino Amid Reports of Infighting Over Epstein Files

President Trump spoke to FBI Deputy Dir. Dan Bongino, indicating the two remain close despite reported friction over release of Jeffrey Epstein docs.

EU Won’t Retaliate to Trump’s 30 Percent Tariff, Countermeasures on Hold Until August

EC President Ursula von der Leyen said EU will extend suspension on countermeasures to U.S. tariffs until next month while trade negotiations continue.

Trump Announces 30 Percent Tariff on EU, Mexico

President Donald Trump has announced a 30 percent tariff on imports from the European Union and Mexico, to go into effect on Aug. 1, 2025.
spot_img

Related Articles