RE: New to MARS18 Nov 2020 09:00
@ LTI.
The market doesn't wait, it is forward looking, and it appears the market is getting more confident by the day that soon, effective vaccines will get Covid 19 under control,hence the current price.
Very true, and good points. Either way, what they think is going to happen, and what actually does happen are sometimes quite different things. At the moment, with these vaccines it is reasoned speculation on what we think & hope will happen. If they work, and the virus is substantially subdued, or better still, totally destroyed, then great. Job done. But as yet, however effective those vaccines are is something that remains to be seen. But fingers crossed.