Tag Archives: COVID19

Institutional investors no longer view the COVID-19 pandemic as the No. 1 tail risk, according to the latest Bank of America (BofA) survey of global fund managers, an important gauge of sentiment on Wall Street. Since COVID-19 became a global pandemic a year ago, the virus has dominated the rankings as the top tail risk by fund managers. For the first time since February 2020, COVID-19 is no longer in the top spot. These days, investors consider the biggest tail risks to be higher than… Source link

Novavax, Inc.’s NVAX final data from a pivotal phase III study evaluating its coronavirus vaccine candidate, NVX-CoV2373, showed that it was 96.4% effective against mild, moderate and severe disease caused by the original COVID-19 strain in the United Kingdom. The company also announced results from the complete analysis of its phase IIb study in South Africa. In the region marked by a vast majority of strains that are B1.351 escape variants, the vaccine candidate delivered 55.4% efficiency… Source link

The New Orleans Pelicans announced on Sunday that “multiple” eligible players and staff members received the COVID-19 vaccine on Saturday due to the expansion of Louisiana’s vaccine guidelines. In a statement released to the New Orleans Advocate, the Pelicans encouraged everyone who is eligible to receive the vaccine, but did not reveal the names of any players or staff members who received it. “On March 9th, the State of Louisiana expanded the eligibility for COVID-19 vaccines to include… Source link

Bloomberg Trader Arrested as WallStreetBets Phenomenon Finds Echo in Japan (Bloomberg) — A retail investor buys shares in a small company, touts his position on social media and inspires a horde of followers to do the same. The stock price goes to the moon — before crashing back to earth.It’s an all-too-familiar tale to anyone watching the market in 2021, but this wasn’t GameStop Corp. It wasn’t even in America. And it happened in 2018.It was in the Japanese city of Osaka, where a day… Source link

The Daily Beast Republican Retirements Are the Price Mitch McConnell Is Paying for Selling Out His Party to Donald Trump Drew Angerer/GettyIt was already a hard year for Mitch McConnell, having a public late-life crisis after being returned to minority status, and seeing his wife, the former transportation secretary, scrutinized for using their official positions to help a shipping company her family owns. Then Roy Blunt went and became the fifth GOP senator to retire.Blunt cited his 23 years… Source link

The New York Times Inside the Lincoln Project’s Secrets, Side Deals and Scandals A few days before the presidential election, the leadership of the anti-Trump Lincoln Project gathered at the Utah home of Steve Schmidt, one of the group’s co-founders, and listened as he plotted out the organization’s future. None of the dissident Republican consultants who created the Lincoln Project a year earlier had imagined how wildly successful it would be, pulling in more than $87 million in donations… Source link

One year ago, on the eve of the eventful day that signaled the start of the COVID-19 pandemic — March 11, 2020 — a plurality of Americans (44 percent) said the threat of the virus had been “exaggerated,” according to a Yahoo News/YouGov poll conducted at the time. More people said their peers were “overreacting” (36 percent) than said they were “behaving appropriately” (30 percent). Just 6 percent said they had worn a mask. And nearly everyone (88 percent) predicted that… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

Ryan Switzer and his wife are going through a terrifying situation. (Photo by Grant Halverson/Getty Images) Ryan Switzer went through the toughest day of his life on Saturday. The Cleveland Browns wide receiver revealed on Twitter that his 9-month-old son Christian had to be taken to the hospital after waking up “in his own blood.” The child has tested positive for COVID-19. In a series of tweets, Switzer updated fans and asked for prayers as Christian received three blood transfusions and… Source link

The University of Northern Iowa’s men’s basketball season came to an end Friday. It just took a while to figure out why. The Missouri Valley Conference canceled the Panthers’s conference tournament quarterfinal game against Drake on Friday due to a COVID-19 issue, with little communication about the circumstances that led to the cancellation. It took hours for the conference to release a statement, and the statement was a whopper when it was eventually published. What happened to Northern… Source link