For the first time since the pandemic shuttered the economy eight months ago, the end is in sight. The development of vaccines that appear to be safe, effective and ready for wide distribution in the months ahead means it’s now possible to envision a post-Covid economy by summer. There is a distinct possibility that the economy could roar back to full health quickly as soon as public health conditions allow. With many service businesses having already depleted cash reserves and the government aid they received earlier in the year, another wave of failures looms. And that imperils not only individual shops and restaurants, but also the commercial landlords they pay rent to, and the state and local governments relying on their tax dollars.

Source: New York Times December 01, 2020 10:00 UTC