Monday, November 9, 2020

UPDATED—"Markets go pop as BioNTech reveals effective Covid-19 vaccine"

From the electron-stained wretches toiling in anonymity, known only as FT Alphaville

Biden inherits a trump card on Covid but evidence of the vaccine’s effectiveness is not yet clear. Markets go nuts anyway.....

....But before we run away with ourselves, word from our in-house pharma expert Bryce Elder is that we shouldn’t lose sight of the fact that the 90 per cent result was based on a sample of 94 participants. This is nowhere near enough in his opinion to prove the long-term capability or safety of the vaccine....

....MUCH, MUCH MORE, So Much MORE

I believe I shall short NYT

$40.89 +$1.33 (+3.36%)

Update: