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Stocks Are the Only Lifeline Left as Devastation Comes

November 10, 2020 Editor Comments Off on Stocks Are the Only Lifeline Left as Devastation Comes

We hope you’re taking advantage of this raging bull market.
You’re gonna need that money.
We’re on the record calling for Dow 100K. We say it’s inevitable within, at most, a decade.
The way things are going these days, it could come much sooner.
To the untrained – or not yet skeptical – it looks like good news. Soaring stocks bring more wealth.
But what if buying into a soaring stock market were the only way to survive?
Well… it is.
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The Devastation Awaits
Take the devastation in Illinois, for instance. Unless you live there, you may not have heard the news. But voters (rightfully) shot down an …read more […]

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Medicago's COVID-19 vaccine triggers immune response in early-stage trial

November 10, 2020 Editor Comments Off on Medicago's COVID-19 vaccine triggers immune response in early-stage trial

The company, which is backed by Mitsubishi Tanabe Pharma and tobacco giant Philip Morris, said it planned to move into mid-to-late-stage trials with a lower dose version of its vaccine, along with the GSK adjuvant. “What we’re most encouraged with is that we are able to go with the lowest dose for our phase 2/3 trials,” Medicago’s Chief Executive Officer Bruce Clark told Reuters. Trials from rival coronavirus vaccine developers have generally shown that lower doses produce less side effects. …read more […]

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Ericsson aims for long-term margin jump, shares fall

November 10, 2020 Editor Comments Off on Ericsson aims for long-term margin jump, shares fall

Sweden’s Ericsson set some new goals and maintained its 2022 operating margin target after the country’s telecoms regulator halted 5G spectrum auctions, driving down the company’s shares in early trade on Tuesday. The telecom equipment maker, which holds its capital markets day for investors on Tuesday, has benefited from the global deployment of 5G technology as diplomatic pressure from the United States has eroded market leader Huawei’s dominance in regions such as Europe. Late on Monday, Sweden’s telecoms regulator halted 5G spectrum auctions after a court suspended parts of its decision that had excluded Chinese telecom equipment maker …read more […]

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Markets Gone ‘Rogue’ on Vaccine News Face Tough Questions

November 10, 2020 Editor Comments Off on Markets Gone ‘Rogue’ on Vaccine News Face Tough Questions

(Bloomberg) — After a frenzy of vaccine optimism lifted global stocks to a record and sent havens into a tailspin, some strategists said the moves may have gone too far and that tough questions remain unanswered.News that the inoculation developed by Pfizer Inc. and BioNTech SE was more than 90% effective in preventing Covid-19 infections sparked a flood of bets Monday on stocks such as cruise operators and airlines that have struggled during the pandemic. Refuges such as Treasuries, gold and the yen slumped.But experts said the shot still has hurdles to clear, adding questions about its production, distribution and …read more […]