RE: Vaccine news.31 Jan 2021 00:40
Hey Buddy,
Just to let you know. No, it won't we have gone past the part where Vaccine news will influence the Markets much.
Everyone knows the Lockdowns will end the problem we have is we do not know when... The markets seemed to expect it to end in January. But it appears to have dawned on a lot of markets that this is going to be for 3 - 9 months.
I'm in RR. tried to be clever make a small 5% when it was 119p. Back fired and I'm stuck will it go up to that Yes. Do i know when No...
Now people may think once we have vaccinated the vunerable everything will go back to normal. Possibly or Possibly not... I do not know.
But either way once we start going back to Business as Usual, Infection rates will climb back up. It took 3 months from August with everyone going around as normal. For the deaths and Infection rates to catch up and get worrying.
Depending on what they do and how they do it we could be looking at a similar time Frame. I'm sorry to be the bearer of bad news. But the chances are this will carry on until the end of 2021. This is not going to be over until 70% or more are vaccinated. It will get better obviously But it won't be back to Pre-pandemic until next year.
I think RR will be in a less risky position in Summer. but not being potentially profitable.