The U.S. is “unlikely” to develop herd immunity to COVID-19, Dr. Anthony Fauci said Sunday, due to the likely combination of only a partially effective vaccine and the large number of people who refuse to take it. Speaking Sunday night to CNN’s Elizabeth Cohen as part of the Aspen Ideas …
Read More »The Wall Street Journal: EU set to name countries from which tourists will be welcomed next month, and U.S. didn’t make the cut
European Union member states have drawn up a list of 15 countries whose citizens may be allowed to travel again to the bloc starting July 1 that excludes the U.S. but includes Canada, Japan and possibly China, diplomats said. A final decision is yet to be taken on the list, …
Read More »The Tell: Award-winning forecaster says U.S. economy might not heal by next year, putting stocks at risk of correction
The U.S. economy might not fully return to normal until 2022, and the stock market is at risk of a correction later in the summer, a leading economic forecaster said Friday. Christophe Barraud, chief economist and strategist at Market Securities in Paris, said the best case for the U.S. economy …
Read More »Key Words: Bill Gates: Poor U.S. response is making pandemic picture ‘more bleak than I would have expected’
“ “The global picture and the U.S. picture are both more bleak than I would have expected.” ” That’s Bill Gates, the Microsoft Corp. MSFT, +1.26% co-founder whose philanthropic foundation has long funded the global fight against infectious diseases, speaking about the coronavirus pandemic Thursday night during a virtual town …
Read More »Coronavirus update: Global case tally climbs to 9.5 million and rising cases in U.S., Brazil and others show pandemic is far from over
The global case tally for the coronavirus illness COVID-19 climbed to 9.5 million on Thursday, a day after the U.S. recorded its highest one-day peak since late April and cases continued to climb in Brazil, Mexico and other countries, in the latest indication that the pandemic is far from contained. …
Read More »Coronavirus update: U.S. case tally climbs to 2.35 million and 27 states are still showing increases in infections
The U.S. case tally for the coronavirus illness COVID-19 climbed to 2.35 million on Wednesday, and 27 states were showing increases in infections, as Dr. Anthony Fauci cautioned that the next two weeks will be crucial in containing the spread. Fauci, head of the National Institute for Allergies and Infectious …
Read More »Market Extra: The decline of the U.S. dollar could happen at ‘warp speed’ in the era of coronavirus, warns prominent economist Stephen Roach
Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman, tells MarketWatch that his forecast for a sharp deterioration of the U.S. dollar could be a very near-term phenomenon, not an event that looms off in the distance. “I do think it’s something that happens sooner rather …
Read More »Market Extra: Will quadruple witching mark the start of a rocky stretch for U.S. stocks? It may already have
Quadruple witching, a pandemic, a recession, and a stock market that is looking for reasons to add to an epic recovery from the impact of the coronavirus. Could those factors make for a volatile cocktail for the stock market in coming days and weeks? Quadruple witching, occurs on the third …
Read More »Market Snapshot: Stock-market futures knocked around as U.S. cities rocked by protests amid pandemic
U.S. stock-index futures bounced around in thin trading early Monday morning, amid violent protests that reverberated throughout the country. The clashes between police and protesters come while the U.S., and much of the world, is in the throes of the coronavirus pandemic that has rocked the domestic economy to its …
Read More »