Pharma companies the US and China conspiracy theory29 Aug 2020 14:04
...I don't know probably is just me, but there is a little voice in my brain that keeps coming back telling me, that something is going on with covid 19 story.
The factor that is joining most of all the dots together, is how then and again I keep looking at many biopharmaceutical companies graphs, and realize how depress was many of these companies share price prior to covid event. Even Ncyt sp goes from 65p in 2019 to 6.5p prior to covid and ncyt is not a biopharma company per se.
But have a look at many other vaccine developers and you'll realize that this dramatic drop in share price is a commune thing.
The pharmaceutical has its own importance in many investment funds balance sheet, and it employs many people around the world. Nowadays we are used to see financial intervention from governments around the world, to prop up market. Quantitative easing and junk bond purchases are all designed to keep the many stock indexes keep rising. But unless we don't get helicopter money, this for of intervention doesn't help GDP and growth.
Is covid a new creation of wealth? Beside refinancing an important sector of the economy that recently was left behind, the lock down and consequences of a pandemic have legitimate the use of helicopter money, without putting under the spot light the many fallacy of financial systems, interest rate and all crap.
To conclude, it looks like now the Trump administration is focusing the current Republican re-elections on China, Trying to revive nationalistic sentiments against the publics enemy....You can see really how much in US they care about publics heath, if you take a look how they spend the money in trying to solve this problem. Abbott test kit is a fancy marketing tool almost worthless and yet they are ready to waste $750 mill in an instant.
Anyway surely all fancy conspiracy theories, but if next time you like to predict when next pandemic will come, maybe could be wise to have a look at the many biopharmaceuticals share price.