Shade of the Week

Michael Cembalest (JPMorgan) on Goldman’s vaccine call… Last week, Goldman issued a report that was bullish on the prospect of vaccine approval in 2020: “We expect that the FDA will approve at least one vaccine this year and that large shares of the US and European populations will be vaccinated by the end of 2021Q2 and 2021Q3, respectively.” I don’t disagree from a completely birds-eye perspective…but...

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source https://thereformedbroker.com/2020/08/12/shade-of-the-week/

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