Finance & economics | Giant jab

What a vaccine means for America’s economy

Although the coronavirus is spreading unchecked, there are grounds for optimism

ON NOVEMBER 9TH the end of the coronavirus pandemic came into tantalising sight. Pfizer and BioNTech announced that their vaccine was more effective than expected. Investors’ hopes for a stronger economy sent stockmarkets soaring. Ten-year Treasury yields neared 1%, levels last seen in March (see article).

This article appeared in the Finance & economics section of the print edition under the headline “Giant jab”

Suddenly, hope

From the November 14th 2020 edition

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