Our decision to shut down is looking ever smarter because a vaccine will be available imminently:
- “Fauci Voices Cautious Optimism About Moderna Vaccine, Calling Trial ‘Quite Promising'” (NPR)
- “The Coronavirus Vaccine Is on Track to Be the Fastest Ever Developed” (New Yorker)
Are there any doubters?
(Supposedly the stock sales were planned in advance, but if these top managers and researchers believed that they’ll be selling 8 billion vaccine doses starting in September, wouldn’t they call their brokers to say “Hey, let’s hold off on those sales”?)