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Yes look, theres no doubt about it, as becky said, things are better after than before. Skeptics will say you cant ramp up this rna. Moderna has been saying they can do 800 million to 600 million to 900 million vaccines, and i think therefore the move in the dow and the move in moderna makes sense. Do i want to chase moderna no do i feel like things are better its hard to believe that anybody could do this this fast, except for moderna i want to caution people, they have never really done anything. This is a very, very big deal. But there are people scientists i talked to this morning who say look, so far so good thats much different from the way i felt on saturday when i learned that the oxford test that everyone was so excited about did nothing. So this is not on prime mateates is on humans if youre negative on the market, you have to rethink. People will say we have to buy value. Autos are pumping. This is good news. You dont think its a sell and stay at home kind of stocks day . I ....
Went to the Mansion House and said you guys dont understand risk. Get ready for more. I think that is where most of the action is. As for the rising equity markets, i think it comes down to the progression of a convoy. Ryan chilcote will take you through that. Are we facing a deescalation in terms of geopolitical risk . I am not saying it is binary. It is darn important. The relationship between europe and russia is one of the ultimate driving forces of confidence in germany, of trade with europe. We batted away the fact that in china, new credit plunges. The weakest in 24 years. He saw the shanghai index managed to hold up. The nikkei managed to hold up even though the gdp contracted. Ofmust wait until the end the Third Quarter unless we understand there to be more stimulus and the deflator rose for the first time in 19 months. Lets see how we go. The quarterly inflation port ....