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We have a ton of developments today in the Coronavirus Vaccine situation. What we do know is encouraging in many waysramping up vaccine production. What we dont know about the effectiveness is terrifying. It makes you wonder if the u. S. Needs to dramatically rethink the current Vaccine Distribution strategy. Lets start with the good news. Today johnson and johnson leased some promising data from its phase three clinical trials. The vaccine is 72 effective in the u. S. At preventing moderate to severe illness. Experts consider that a strong level of protection. Here is the potential worrying news. The company disclosed the data suggests the vaccine was less effective against the South Africa Covid Variant we have been dropping. Effectiveness dropped from 72 to 57 . Its called that because it was so ....
Of the year friday. should we expect the market to be volatile given how little we know about this new variant and the possibility of other va variants as the winter weather comes? yeah, for sure. as sanjay was saying as we learn more, you ll see the market react. if this is highly transmissible. if you find out the vaccines will not be as effective, then the market will go down. no question. but volatility will be the watch word. you re seeing a little mini version of what you saw when we first had the pandemic where the markets tank but then tech stocks come back up because everybody is going to be working from home longer. and you have to remember that we did see some of the biggest highs even during the pandemic in the markets. it s not all doom and gloom. president biden said new lockdowns are off the table, at least for now, he said. is there a point where you think the white house might have to reconsider that or do you agree with his general proposition that as long as we h ....
va variants. professor, a pleasure. thank you, sir. why would the biden administration speed it up just to start another one? there is a lot of noise about the potential origin of this virus. the simple answer is we don t know. but i can give you a little bit of insight. this is the seventh, actually the eighth coronavirus that has entered the human population. four have been around for at least 60 years. and just in the last few years we had one that came in, sars, we know it came in from a cave in south asia, south china. there was another one, mers. it came from a cave in egypt but it was found first in saudi arabia a thousand miles away. it took about five years to find the origin on the sars virus. rather than using intelligence services, i think we get a lot ....