Misinterpretation from fake news
$Moderna(MRNA.US$ $Pfizer(PFE.US$ $BioNTech(BNTX.US$ $Vir Biotechnology(VIR.US$ $Gilead Sciences(GILD.US$ Pfizer CEO Bourla tries to promote Paxlovid. Provided that government buy a lot of Paxlovid (or other medicine), most people are vaccined, Covid patients should not bust hospital. Then death rate is low, so all limitation can be removed, just back to normal life. God bless those (stupid, pity and poor) infected people, they will have to pay tribute (both money and life). Actually no choice, lockdown is useless.
However fake news interpreted that, without buying those medicine and vaccine, covid is ending (sure it will when most people get infected). So wall street firstly sell off all covid stock. Then fed will hike interest rate and sold their bond purchased. Then stock is less attractive. Stupid logic but they have money…
Just say don’t expect any short term good thing. Have to be long term play. If you cannot wait, sell asap.
However fake news interpreted that, without buying those medicine and vaccine, covid is ending (sure it will when most people get infected). So wall street firstly sell off all covid stock. Then fed will hike interest rate and sold their bond purchased. Then stock is less attractive. Stupid logic but they have money…
Just say don’t expect any short term good thing. Have to be long term play. If you cannot wait, sell asap.
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