George Washington is seen with a printed medical mask on a US$1 bill reflected in a drop on a syringe needle in an illustration from November 9. Photo: Reuters George Washington is seen with a printed medical mask on a US$1 bill reflected in a drop on a syringe needle in an illustration from November 9. Photo: Reuters
George Washington is seen with a printed medical mask on a US$1 bill reflected in a drop on a syringe needle in an illustration from November 9. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Market optimism over coronavirus vaccine and Biden’s victory is dangerously misplaced

  • The sharp moves in markets recently give the impression investors see Biden’s narrow victory and Pfizer’s experimental vaccine as a return to normal
  • Investors should be more circumspect as stock markets have hit record highs, and disappointment over US politics and the pandemic fight risks a nasty sell-off

George Washington is seen with a printed medical mask on a US$1 bill reflected in a drop on a syringe needle in an illustration from November 9. Photo: Reuters George Washington is seen with a printed medical mask on a US$1 bill reflected in a drop on a syringe needle in an illustration from November 9. Photo: Reuters
George Washington is seen with a printed medical mask on a US$1 bill reflected in a drop on a syringe needle in an illustration from November 9. Photo: Reuters
READ FULL ARTICLE