A Corona Cure
One thing that's been bugging me since the start of the outbreak is the level of conflation from the media often leading to contradicting reports and tons of misinformation. I mean, we live in the age of the internet and it's a bit frustrating that it's difficult to find good information about Covid-19.
The lack of medical professionals on television was also a bit strange to me. I mean, why is everybody talking except for the doctors who've basically been preparing for this their whole lives. Then it dawned on me... they're probably pretty busy right now.
Indeed they have been. As it seems, the newly infected yet highly motivated country of Israel already has a vaccine in the works, as well as a new device designed to help treat Corona patients.
Looking at the markets however, it doesn't seem like this news has reached investors just yet. Either that or it serves little comfort. The S&P 500 is now more than 11% off her peak. Perhaps fear of a virus isn't what is behind the sell-off after all?