STOCK MARKET INVESTORS: 94.5% VACCINE EFFICACY AND CHINA’S TRIUMPH OVER THE U. S. — PAY ATTENTION
Vaccine And Trade Deal
Please click here for a chart of S&P 500 ETF (SPY) which represents stock market benchmark index (SPX).
Note the following:
- Previously there was good news on the vaccine from Pfizer (PFE) and BioNTech (BNTX).
- Now there is more good news from Moderna (MRNA). MRNA vaccine is 94.5% effective. Moreover, this vaccine does not need the extreme cold temperatures required by PFE vaccine.
- China has scored a major success by persuading 14 Asia-Pacific nations to sign its trade deal.
- The U. S. has been left out of the trade deal.
- The China trade deal is a big positive for China and a big negative for the U.
November 16, 2020