COVID-19 Update: The Vaccine, The Election, and The Economy

Zonda’s Ali Wolf and Tim Sullivan present how the recent presidential election and COVID-19 vaccine news have impacted the U.S. economy.

In the 20th COVID-19 Housing Outlook webinar, Ali Wolf, chief economist at Zonda, flipped the previous webinar’s introduction of three components that have surprised her and began November’s monthly update with three items that will make everyone feel good, including when there’s a trusted vaccine, when another fiscal stimulus package is issued, and when the election is resolved.

With the news about Pfizer’s and Moderna’s somewhat successful trials, health experts predict the first doses of the vaccine could start rolling out as early as December, with health care workers and first responders at the front of the line and high-risk individuals after the start of the new year. If everything goes to plan, the world may see some semblance of normal life in six to 12 months, she says.