Wharton professor Jeremy Siegel thinks a COVID-19 vaccine is closer than markets think, and could be here by the end of the fall | Markets Insider

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Wharton professor Jeremy Siegel thinks a COVID-19 vaccine is closer than markets think, and could be here by the end of the fall

"We've had almost no setbacks in the schedule developing the vaccine, and I think that's where upside surprises can occur," Siegel said on CNBC's Trading Nation.

"We think there is a good probability Moderna's vaccine will work and get at least emergency use authorization in 2021,""We think a viable vaccine can generate billions in sales, which we see as reasonable given there would be high demand over the first 1-2 years." He said it would be important to observe the spike in new coronavirus cases in the US over the next two weeks and if those rates go down, it would be good for the"reopening stocks" in the market.have rolled back the reopening of their economies, driven by huge rises in new cases in recent days.

"We could be at 3,200-3,300 by the end of the year because all of the liquidity the Fed has put in and the money they put in," he said.

 

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Merck CEO: Experts doing a 'grave disservice' to public by hyping COVID19 vaccine by year's end Fastest vaccine ever brought to market was mumps vaccine ( about 4 years ) and over last 25 years, only seven 'truly new' vaccines been developed worldwide

MiguelICarlos A 'guess' from a professor is still a guess

“End of fall”

HOW ABOUT TELL US IF CHESTERCHEETAH ACTUALLY GRADUATED FROM THERE....HMMMM

Will it work? Will it be affordable?

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