Barb, I was going to make some comments on vaccinations and masks and the government but I thought better of it...
John
------------------------------
John Tyson
CFO/SVP
Altamaha Bank & Trust Company
Vidalia, GA
------------------------------
-------------------------------------------
Original Message:
Sent: 07-26-2021 15:06
From: Barb Rehm
Subject: Tuesday Topic: Covid-19 Relapse?
Tuesday Topic: Covid-19 Relapse?
Two steps forward, one step back is an expression for a reason – much of life is not linear. The Covid-19 virus is no exception. After the lightning speed creation and distribution of vaccines, fewer people than expected got the shots and a new, more contagious variant arrived. While primarily a health issue, rising Covid-19 cases also pose an economic threat, as Regions Bank executives noted last week. "The negative impact could come from having to close down to some degree again, affecting commerce, in particular in the hospitality industry," Regions Chief Financial Officer David Turner told American Banker. "The general economy's bouncing back quite nicely, but if you get enough people infected, that would put more negative effects on the supply chain."
How worried are you about a resurgence in Covid-19 cases dragging down your local economy, your business customers?
P.S. Hope to see you at our next webinar, "Strategies to Succeed in Unprecedented Times." It's on Wednesday, July 28 at 2 PM ET. Register today!
Barb Rehm
Senior Managing Director
IntraFi Network
Arlington VA
------------------------------