Covid-19 Vaccine – Where are they now?
About the author:
- Author name:
- By Dr Derek Jellinek
- Job title:
- Senior Analyst
- Date posted:
- 13 October 2020, 4:45 PM
- Sectors Covered:
"The vaccine development market is important if merely from a sentiment point of view. It will influence the global markets outlook and breathe confidence into what people are calling the “re-opening trade” in the path of normalisation on strengthening economic activity.
So clearly we see it as a catalyst for cyclical value and the beaten up COVID-19 names. However, any stumbles on the vaccine front would be a double-edged sword, likely to see a push for recovery expectations moved out and leading to earnings downgrades across the market.”
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Disclaimer: Analyst may own shares. The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents ("Morgans") do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.
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