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Global markets fall after data shows U.S. inflation cooling

Global markets fall after data shows U.S. inflation cooling
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Vaccines will not inoculate investors against the danger of an 'epic bubble'

Vaccines will not inoculate investors against the danger of an ‘epic bubble’
© Provided by The Guardian
Photograph: Brendan McDermid/Reuters
Six months ago exactly – on 9 November last year – Pfizer unveiled interim data from trials of a vaccine candidate known as BNT162b2, developed in partnership with German firm BioNTech. The numbers were far better than expected: 90% efficacy in preventing Covid.
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“Today is a great day for science and humanity,” declared Albert Bourla, the company’s chief executive, a judgment that clearly still stands half a year later. Even as the pandemic still rages – appallingly in India, Brazil and many other places – the arrival of effective vaccines has been a turning point in the crisis. ....

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