from its current explosive level before the end of the 2020 if US President Trump's revolutionary vaccine plan gets realized before the November election, according to the CEO of a trading platform. , told Business Insider: "Social sentiment aside, if Trump succeeds in getting a treatment to the US that results in 35% less deaths due to COVID-19, and we continue to see infection rates decline, then this would give him a strong tailwind into the election for another four year term.
Such an action would bypass regulatory standards and potentially introduce a vaccine to the US market before November's presidential election.A raft of factors has contributed to the index's spectacular recovery. Central banks across the world rolled out stimulus packages to help companies survive the pandemic. This has left interest rates and yields at rock bottom, making the stock market an attractive place to make money.
Yardeni, president of Yardeni Research told Business Insider: "I said before we're going to go to 3,500 before the end of the year and then 3,800 next year. But the market keeps getting to the levels well ahead of schedule."
Vaccines has nothing to do with Trump. These vaccines belongs to talented scientists and health professionals that are working tirelessly to save lives.
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