Stock market crash risks after COVID-19 vaccine is available: SocGen - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A Wall Street quant chief breaks down why a COVID-19 vaccine is not the silver bullet investors have been hoping for — and warns another stock-market meltdown is likely

Two things broadly explain the speed of the snapback: the government's swift delivery of stimulus to Americans of all income levels, and the steady progress that pharmaceutical companies are making towards unleashing an effectiveThat second catalyst is why investors are anticipating a permanent solution to the worst global health crisis since the 1918 Spanish flu.

When it comes to the vaccine, Lapthorne has four specific concerns that throw cold water on the silver-bullet narrative. under development, there is no guarantee that any will be effective on a massive scale. He also says that HIV still does not have a vaccine, although it's worth noting that there are treatments to keep people living with it healthy.

Fourth, it will take some time for people to unlearn their new pandemic habits and return to pre-COVID behavior even after a vaccine is available. Those habits include traveling by public transport, attending social events, and in-person gatherings — all of which help drive company revenues and overall economic activity.

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:

 /  🏆 729. in NG
 

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

HEPA and NBLX are my stock picks. Great buy. Good outlook.

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.

Vaccine companies searching for 1-shot dose of COVID-19 vaccineVaccine companies searching for 1-shot dose of COVID-19 vaccine. COVID-19,कोरोना महामारी 6महीने में ऐसा बन्दर बन चुका है,जिसने पूरी दुनिया को नचा रखा है,सबने लॉकडाउन को ही इसका Vaccineमाना हैं।सरकार से प्रार्थना है,कृप्या अबतो COVID19 टीका सिघ्र बाजार में लाने की सिर्कत करे व देश की स्थिर सभी सनसाद्दनो को जनता हेतु पुन: संचालित करे।जय हिंद। Gotta make sure it kills the vessel first stick. Cant be to quick though or they know it was the needle. Maybe an hr?they may eat or drink and you can blame it on bad food or something in the water or somethin. Smart These are our heroes... The researchers.... brilliant scientists who are smart enough and motivated to finding a vaccine 4 covid-19🇺🇸🗽🙏
Source: ABC - 🏆 471. / 51 Read more »