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Economic Stimulus, Financial Markets React, Treasury Auctions, Covid Update


Economic Stimulus, Financial Markets React, Treasury Auctions, Covid Update
How does this all end? I don t know that it does end.
Church bells rang. This was the fastest way to spread the news. The speed of sound was even faster, and more effective in communicating that something had changed than was the telegraph for common folk. Townspeople from all across what was still these united States gathered in town centers in order to learn what this commotion was all about. July 4th, the birth date of a nation, in 1863, also as it happened, became the date that that word. the word united became not just an adjective but part of a proper name. ....

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Area Wrestling Roundup: Belgrade-Brooten-Elrosa racks up another quality win

Mar. 1—BELGRADE — In a precursor to the Section 5A/6A state prelims, Belgrade-Brooten-Elrosa earned a top-five win over Bertha-Hewitt/Verndale/Parkers Prairie. The Jaguars, ranked second in Class A, defeated B-H/V/PP 37-30 Saturday at BBE High School. B-H/V/PP is rated fifth in Class A. The two teams were 1-1 in ranked matchups. At 120 pounds, BBE's Ryan Jensen (fourth) pinned Deagen Captain . ....

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Pfizer Vaccine Updates: Possibly Easier Storage, Efficacy Against South African Strain -- Trefis


Last week, there were two positive developments relating to Pfizer (NYSE: PFE) and its German partner BioNTech’s Covid-19 vaccine, and one possible negative development. Firstly, Pfizer says based on internal testing that its vaccine can tolerate warmer temperatures than initially specified, possibly making it easier to handle and distribute. Under current protocol, the vaccine is being stored and transported at ultra-cold temperatures of -80 to -60 degrees Celsius until five days before use, calling for specialized equipment and a longer thawing period. However, the company is now asking the FDA to allow the shot to be stored for up to two weeks at -25 to -15 degrees Celsius, enabling the use of more standard freezers.  This could make the shot more accessible in rural areas and emerging markets that don’t have special freezers. That said, rival Moderna’s shot is still easier to handle, as it can be stored at standard freezer temperatures for as long as six months and rem ....

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COVID-19 vaccines: Pfizer-BioNTech shot likely to foil mutant, new study shows


COVID-19 vaccines: Pfizer-BioNTech shot likely to foil mutant, new study shows
Study on South Africa strain suggests some re-infection threat
Naomi Kresge and Janice Kew, Bloomberg
Jan. 20, 2021
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Pfizer Inc. and BioNTech SE built the case that their Covid-19 vaccine will protect against the new variant of the coronavirus that emerged in the U.K. with results of another lab trial.
Like previous work out of the University of Texas Medical Branch, the results published on Wednesday showed that antibodies in the blood of people who had been vaccinated were able to neutralize a version of the mutant virus that was created in the lab. The study was published on preprint server BioRxiv prior to peer review. ....

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Biopharma Here to Stay: The Long-Term Case for the PBE ETF


Biopharma Here to Stay: The Long-Term Case for the PBE ETF
PBE tracks the Dynamic Biotech & Genome Intellidex Index, which “is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value,” according to Invesco.
Due to the high priority of rolling out COVID-19 treatments, some PBE components could enjoy top line growth this year and in 2022.
“As with most viruses, developing COVID-19 treatments has been difficult, but several drugs have shown strong enough efficacy to gain regulatory support,” writes Morningstar analyst Damien Conover. “Historically, one of the best ways to control viruses is through vaccines, and we believe the vaccines emerging will significantly lower the need for COVID-19 treatments by 2023 and beyond. Nevertheless, treatments are in high demand currently and are likely to remain so through 202 ....

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