Coronavirus vaccine is closer than the market thinks, Wharton's Jeremy Siegel predicts

  • 📰 CNBC
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Coronavirus vaccine is closer than the market thinks, Wharton's Jeremy Siegel predicts (via TradingNation)

is the latest company to report positive findings on the vaccine development front. According to the New England Journal of Medicine on Tuesday,

the biotech company saw a "robust" immune response in all 45 patients participating in its early stage human trailSiegel, who calls the market "pretty resilient" at this juncture, also suggests the spike in virus cases in the Sun Belt are peaking and setbacks to reopenings are temporary. "It's going to be very important to look closely at this data the next two weeks," he noted. "If we see those rates go down, I think that would be really good for the reopening stocks in the market."dipped below the seven-day average. California also reported a slight drop in daily cases.

Siegel was one of the first Wall Street experts to warn investors about the potential impact of the coronavirus. The long-time stock market bull who led 2016 to 2017's Dow 20,000 rally cry

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation

TradingNation What does a finance professor know about the timeline for a development of a vaccine?

TradingNation What a sad old man

TradingNation Jeremy Siegel needs to stop rubbing his crystal ball

TradingNation Let’s hope a Covid 19 flu shot to help is getting closer. I’ve yet to see ox carts of nurses & other medical professionals being taken away.

TradingNation Anyone waiting on a vaccine is going to be sad. We don't even have a reliable flu vaccine after how many years?

TradingNation I hope so because on the WHO website they say about coronaviruses that 'It can take a number of years for a new vaccine to be developed.'

TradingNation Isn’t this the guy who called for a 40 percent crash(

TradingNation Okay Epstein bro. Can’t wait for the details on this pedo

TradingNation WE NEED TO KEEP THE VACCINE DEVELOPMENT IN THE BACK BURNER AND WE REALLY NEED TO PLATEN OR CURVE

TradingNation Again... its good to see the vaccine talks are going well.

TradingNation Looks like the market has already priced it in.

TradingNation Check this out GregMannarino

TradingNation The market had already more than baked in a vaccine by fall. Siegel is just trying to pump the market on top of the Moderna announcement which based on today’s market action apparently was leaked early

TradingNation A safe and effective one would be preferred to a fast one

TradingNation How can you be so certain

TradingNation A finance guy. 🤣😂🤣😂🤣😂🤣😂🤣🤪

TradingNation Scientist

TradingNation What are we supposed to do with this?

TradingNation Why do they believe if you add your college in front of your name it someone instantly adds some incremental credibility to what you’re saying? Are people really this naive?

TradingNation I didn't know Jeremy had a infectious disease doctor's license. I was told by a doctor with a medical license that Remdesivir was no better than a glucose injection.

TradingNation 'Predicts' Not a good word in the new business but then again, it *is* CNBC. 🤣

TradingNation bullshit

TradingNation He must have some biotech stocks he needs to pump...and dump.

TradingNation Not going to happen before 2022, and if the criteria is safe & effective...this chap should set some specific and if it doesn’t happen...he should commit “harakiri”...😷

TradingNation okay CNBc , blomber , ivesting , reuter finish the game with corona . BUllish t

Rushing vaccine with unprecedented methods NEVER used on humans before and people still believe in it because SCIENCE. Fauci said it takes on avg 7 years to develop one safely.

TradingNation It would be a really good new!

TradingNation And I bet he's already invested in it.

TradingNation An other lie, he should to in jail if he failed

TradingNation Fake

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nasdaq hits record high Monday's open as stock market buoyed by coronavirus vaccine hopeU.S. stocks jumped at the start of trading Monday after the Food and Drug Administration granted 'fast track' status to two coronavirus vaccine candidates....
Source: MarketWatch - 🏆 3. / 97 Read more »