The general consensus is that there's not enough time for a big new wave to start before vaccination finishes tamping it down. Note that "everyone is eligible"

The general consensus is that there's not enough time for a big new wave to start before vaccination finishes tamping it down. Note that "everyone is eligible" isn't expected to be a huge change in practice: most urban counties in California already have over 50% of the adult population vaccinated, rising about a percentage point each day.