By: Ashlyn Brothers
TULSA, Okla. -
As the Pfizer and Moderna vaccines bring a renewed sense of hope for millions of people, financial experts said there s still a lot of damage control to be done.
Marketing professors at Northeastern State University in Broken Arrow said the pandemic has led to an unhealthy U.S. economy and told News On 6 the future of the market is dependent upon the status of the virus. We have an economy with a lot of uncertainty, said Jon Shapiro, professor of marketing for Northeastern State University at Broken Arrow.
Shapiro said unemployment, homelessness, divorce rates and substance abuse have skyrocketed, and therefore a large number of people are unable to make a positive contribution to the economy.
Financial Experts Predict The Economy Will Improve Near The End Of 2021
The pandemic has taken a toll on the economy and is continuing to influence the stock market.
As the Pfizer and Moderna vaccines bring a renewed sense of hope for the economy, financial experts say there s still a lot of damage control to be done. Marketing professors at Northeastern State University in Broken Arrow say the pandemic has led to an unhealthy U.S. economy. Professor Jon Shapiro says unemployment and homelessness have skyrocketed, and many people are unable to contribute to the economy. One of the main causes for concern is that people s fear and uncertainty leading to impulsive shopping stocking up on items like toilet paper and hand sanitizer and causing shortages nationwide.