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Covid vaccine: First ‘milestone’ vaccine offers 90% protection

bbc.co.uk

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Re: Covid vaccine: First ‘milestone’ vaccine offers 90% protection

#231

Post by selectodude »

mquirion wrote: post #195
headmelted wrote: post #185

Earlier quoted context omitted.

Pretty confident it's the former, which if the case, essentially ends the pandemic in a month after it's distributed, given that the R0 would drop precipitously. The challenge will be reconciling this with the antivax crowd given that as the vaccine rolls out the rate of infection will come down correspondingly among the whole population (including the unvaccinated). They'll immediately claim that the virus is "going…

It's a 2-dose regimen, needs to be stored at -70C, and Pfizer already said they'll only have 1.5B doses over the course of the next year. It's going to be a very slow roll out.

While true, the approach they took is extremely similar to several other vaccine candidates which is a good sign that the approach works and other vaccines will be equally effective.

Re: Covid vaccine: First ‘milestone’ vaccine offers 90% protection

#232

Post by jason0597 »

School-Cotton wrote: post #207
jason0597 wrote: post #186

Why are people in the comments so interested in the reactions of stock markets? I don't understand. These are the same markets that cheer when job cuts and redundancies are announced. These are the same markets that cheer when horrible working conditions are enforced (see Tesla, Uber, Deliveroo, etc.) Why should I take the markets seriously? It's just a bunch of rich people in the end.

A lot of people are invested in the stock market, not just rich people. Essentially anyone with a professional-class job has a retirement fund invested in stocks, at least in the US.

The top 1% own over 50% of equity in the country. The following 9% own about 30% of equity. All in all, that's the top 10% owning more than 80% of the equity in the country.

I disagree that a lot of people are invested in the stock market. Statistically, it's very few people.

Re: Covid vaccine: First ‘milestone’ vaccine offers 90% protection

#233

Post by Witoso »

tinus_hn wrote: post #189
jason0597 wrote: post #186

Why are people in the comments so interested in the reactions of stock markets? I don't understand. These are the same markets that cheer when job cuts and redundancies are announced. These are the same markets that cheer when horrible working conditions are enforced (see Tesla, Uber, Deliveroo, etc.) Why should I take the markets seriously? It's just a bunch of rich people in the end.

You should take the markets seriously if you want to make a lot of money. That’s why rich people are rich.

I would add some clarifying quantifiers to your statement as not all rich people are rich because of markets knowledge. Inheritance of wealth is also an important contributor.

Re: Covid vaccine: First ‘milestone’ vaccine offers 90% protection

#234

Post by cblconfederate »

jason0597 wrote: post #186

Why are people in the comments so interested in the reactions of stock markets? I don't understand. These are the same markets that cheer when job cuts and redundancies are announced. These are the same markets that cheer when horrible working conditions are enforced (see Tesla, Uber, Deliveroo, etc.) Why should I take the markets seriously? It's just a bunch of rich people in the end.

stocks and politics are fair game for everyone. like opinions

Re: Covid vaccine: First ‘milestone’ vaccine offers 90% protection

#235

Post by jdhzzz »

andrepd wrote: post #155
TomGullen wrote: post #2

Great news and the markets are reacting very positively to the news as well which indicates to me this could be the beginning of the end!

The markets? Spare me. What are the markets, a handful of rich in banks and large corporations? They are neither wise nor competent, why should every news story be suffixed by how "the markets" (swt) react?

> What are the markets, a handful of rich

I'm not yet but hoping to be...

> They are neither wise nor competent

That's me again, but doesn't preclude my success...

However this 1995 paper (1) indicates that the S&P 500 behavior does "Granger Cause" changes in USA GDP. i.e changes in S&P 500 does predict changes in GDP from 1 to 3 quarters out. So that's the one legitimate reason to be encouraged by rising markets. Perhaps the woman who cuts my hair will be able to get off food stamps by spring.

1. https://digitalcommons.iwu.edu/cgi/viewcontent.cgi?redir=1&a...

Re: Covid vaccine: First ‘milestone’ vaccine offers 90% protection

#236

Post by bluGill »

GhostVII wrote: post #142
IgorPartola wrote: post #92

Earlier quoted context omitted.

Hey I got decent aluminum foil hats I can sell you for $500/each. They are the only way to protect against deep state mind control rays :)

I don't think it's totally unbelievable that they waited until after the election to release preliminary results. Waiting a week or two wouldn't hurt the timeline, and would significantly damage Trump's campaign. If I worked at Pfizer that's what I would do.

It is - even if the company is 90% blue, that is still 10% that is red and will ensure this leaks early.

Re: Covid vaccine: First ‘milestone’ vaccine offers 90% protection

#237

Post by harryh »

strombofulous wrote: post #82
input_sh wrote: post #65

Earlier quoted context omitted.

Except Zoom's, which fell from 514 to 410 in less than an hour. Really puts the nails in coffin of the whole "we're gonna work more remotely after the pandemic" narrative.

I don't understand, aren't future events supposed to be already considered in the stock price? It's not like a vaccine was unpredictable

A vaccine was (and still is to some degree), in fact, unpredictable.

When will one be developed?

How effective will it be?

Will it have any negative side effects?

How hard will it be to manufacture and distribute?

All of these are important questions that were hard to predict. Today's announcement sheds some light on possible answers to these questions, so this new information is being priced into the market.

Re: Covid vaccine: First ‘milestone’ vaccine offers 90% protection

#238

Post by selectodude »

jakozaur wrote: post #214

Good: + ~90% of individuals achieve immunity. + no significant side-effects. Not so good: - two doses needed, 3 weeks apart, immunity after one month from first dose. Slow rollout. - -80C storage and transport needed. Challenging, but doable in developed countries, but still may slow down mass rollout. Not feasible in many developing countries. I still wonder about long-term immunity. Anyone can share any insight?

The Ebola vaccine required -80 C storage as well and they got it into literal war zones.

It’s a difficult problem, but a solved one.

Re: Covid vaccine: First ‘milestone’ vaccine offers 90% protection

#239

Post by mal10c »

tomohawk wrote: post #201

Not stated in the article: this was part of the Trump Administration DHHS's Project Warp Speed, which funded 6 different vaccines concurrently. https://www.hhs.gov/coronavirus/explaining-operation-warp-sp...

Amazing what's been done over the last few months because of Project Warp Speed. Thank you President Trump, Vice President Pence, and of course all of the medical companies that have been participating in these efforts.

Re: Covid vaccine: First ‘milestone’ vaccine offers 90% protection

#240

Post by frockington1 »

gilrain wrote: post #223
tinus_hn wrote: post #189

Earlier quoted context omitted.

You should take the markets seriously if you want to make a lot of money. That’s why rich people are rich.

That and not caring who is hurt along the way and from whom their hoarded wealth was exploited.

There are several sustainable investing funds if you want to focus on that.
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