Proof of vaccination will 'slow' US economy: Scott Shellady
Markets worried about vaccine passports, Shellady said
TV's The Cow Guy Scott Shellady discusses vaccine passports as rising COVID cases rattles markets.
RFD-TV’s The Cow Guy Scott Shellady addressed "nervous" markets on "Varney & Co." Tuesday as panic sets in over COVID restrictions. He argued that the potential move to require vaccine passports will "slow the economy."
SCOTT SHELLADY: They're panicking right… They're not enforcing a vaccine passport. But every company is now saying and bar and restaurant, you have to have a vaccine to come in. Well, that's basically a vaccine passport. That's what the markets worry about, because that's going to slow growth. That's going to slow the economy.
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The government's been great about doing this right, they haven't mandated it [vaccine passports]. They've just left everybody else to do it. So they don't look like the one that's going to be the bad guy here.
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That's why the stock market doesn't like it, because we're basically going to have a lockdown. But it's on your face. It's not in your house that will slow the economy or at least not be the economy that you and I both thought we would have coming out of this.
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TV's The Cow Guy Scott Shellady discusses the economic recovery amid surge in the Delta variant.