Author Topic: Bloomberg credits Biden – not vaccine results — for jump in Pfizer stock  (Read 26 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • My oath of enlistment has no expiration date
  • TBR Contributor
  • *****
  • Posts: 122,186
  • Gender: Male
 Bloomberg credits Biden – not vaccine results — for jump in Pfizer stock
by Caroline Lee Smith on November 17, 2020
 
Last week, Bloomberg reporter Jennifer Jacobs wrote about on a big jump in Pfizer futures, citing the election of Joe Biden rather than the news that Pfizer’s vaccine was found to be 90 percent effective.

    U.S. stock futures surging today after Biden projected Saturday to be winner of the 2020 election. S&P 500 Index futures jumped almost 3%, @business reports pic.twitter.com/UhQBVM9FR5

    — Jennifer Jacobs (@JenniferJJacobs) November 9, 2020

Jacobs, who is senior White House reporter for Bloomberg, failed to note that markets had already accounted for the election – +300 points following the election, as compared to +1100 following the vaccine news. Meanwhile – also likely a result of the vaccine news – stock fell for companies that have thrived during the pandemic, including UPS, Peloton and Amazon.

https://www.aim.org/aim-column/bloomberg-biden-not-vaccine/
bobdog19006 

We hateful right wing crackpots support the 2nd Amendment, our immigration laws, our Constitution, the rule of actual law, a neutral view of race and "gender" (whatever that is), fair and open elections, economic growth, enforcement or repeal of existing laws, moral clarity, America first, truth, justice and the American way.

The sanctimonious left doesn't.


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf