US President Joe Biden recently appeared for CNN’s townhall interview wherein he tried to downplay the British moves while promising the coronavirus (COVID-19) vaccine to all the Americans by July 2021.
The US leader also highlighted covid vaccine manufacturer Pfizer and Moderna’s fast delivery while saying, “Pfizer and Moderna sped up delivery of vaccine using the US Defense Production Act (DPA).”
Additional comments suggest the plan to vaccinate teachers, while moving them up in the hierarchy.
S&P 500 Futures trim early losses…
Following the comments, S&P 500 Futures trim early Asian losses while recently picking up bids near 3,921. Further, US 10-year Treasury yeilds also benefire from the move as they stop pullback from the yearly top near 1.3000% by press time.
Likely we’ll be better off on COVID-19 by September than now.
Social distancing may still be required a year from now.
If $1.9 tn relief bill passes, it will create 7 million jobs.
In order to grow the economy a year, 2, 3 and 4 down the line, we can’t spend too much. Now is the time we should spending. Now is the time to go big.
I support a $15 minimum wage.