Biden’s Vaccine Mandate Might Boost Economy and Consumer Services, but It’s No Panacea

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President Biden’s plan for large employers to require vaccination for Covid-19 or undergo at least weekly testing could boost consumer services parts of the market tied to a return to some version of normalcy and give a slowing economy a lift—but investors may not want to bank too much on it as a game-changer.

With about three-quarters of adults in the U.S. having gotten one dose of a Covid-19 vaccine, Biden’s plan via the Labor Department’s Occupational Safety and Health Administration is an effort to reach the remaining…

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