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