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Masters of Equities Universe Are Unfazed by Spike in Bond Yields


Publishing date: Mar 13, 2021  •  March 13, 2021  •  4 minute read  • 
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(Bloomberg) The recent rise in interest rates triggered a bout of volatility, but it’s not making the pros in the stock market run for the hills just yet.
Some of the world’s biggest fund managers say equities can persevere and continue rallying through the rise in government bond yields. They are focusing instead on prospects for a powerful economic and profit recovery.
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Real World Results
Pfizer and BioNTech’s Covid-19 vaccine was overwhelmingly effective against Covid-19 in a large study in Israel. The researchers matched each vaccinated person with someone who hadn’t gotten a shot, enabling the best analysis yet of whether extremely good results from an earlier clinical trial would hold up in the real world. It s not all positive virus news, though: Sweden says there’s a “high risk” of a new spike in infections, the Czech Republic is preparing a stricter lockdown to prevent the total collapse of its medical system and France is using targeted restrictions in certain hotspots, with Nice part of a region being largely shuttered over the coming two weekends. News from Switzerland was more cheerful, with the country set to allow non-essential shops, museums and outdoor sporting facilities to reopen from next month. ....

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Cold storage to companies: a stock trader's guide to Covid vaccine rollout


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