The COVID-19 Vaccine, announced by Pfizer, who developed the vaccine with Germany's BioNTech, has been proven to be 90% effective. The enthusiasm of having a vaccine brought hopes on Wall Street as a gamechanger. Even though there is a slow economic recovery on the main street, Wall Street has already started positioning portfolios for investors by looking at how the economy will be performing a few months from now. Many investors believe that with the announcement of the Pfizer vaccine, everything has become more normalized. People have started going out to restaurants, booking flights, hotels, and planning holidays.
Joe Biden, the newly elected president, made sure to make it known that even though there is a vaccine, even if it does work well, it won't be made available until a couple of months, so we should stay safe. With the rise of Covid cases this week, everyone needs to take care of themselves and quarantine. Joe Biden has spoken about how there will be another wave of Coronavirus in a few months by looking at the number of cases. There have been records set this week of the number of people who have gotten Coronavirus. Because of the vaccine's announcement and the reckless booking of flights and holidays, advertisements are being sent out by different companies to stay home and enjoy. To watch movies at home instead of going to the theatre.
With the vaccine being 90% effective, do you think that its effectiveness is good as a vaccine?
https://www.aljazeera.com/economy/2020/11/15/covid-19-vaccine-eclipses-us-elections-as-economy-gamechanger
2 comments:
Even if the vaccine is only 90% effective that is still better than nothing. The vaccine will majorly slow the spread and allow us to get back to a more normal life and increase consumer confidence significantly. Hopefully that vaccine will be a start and then another better vaccine could follow with more research. People are anxious to go places and do things and the vaccine is the key to that, but they don't realize it could still be awhile.
Despite it not being 100% effective, I believe that this is still good enough. I read somewhere that this percent of effectiveness is actually greater than the effectiveness of the flu vaccine.
Post a Comment