When evaluating the latest developments related to the coronavirus, analysts from Danish bank They noted that new data from Israel and the UK show that the vaccines are working.
“The vaccination process continues with Israel at the head, with a 70% vaccination rate. U.S is now in the 13.5%. The UK is ahead in the European race (20%) versus some of the EU countries lacking supply. “
“Our baseline scenario (which is also the consensus story) is still a long winter with many restrictions, but those restrictions will not be reimposed in the fall. Analyzes conducted so far have found that vaccines are effective against new variants, Y especially with respect to cases, hospitalizations and deaths, which in our opinion is the most important characteristic of vaccines. That said, most vaccine producers have started updating vaccines to target new variants if needed later. “
“Still, one of the main secondary risks is if vaccines prove ineffective against new mutations. This would mean another ‘lost’ year, as the strong economic recovery would be postponed until 2022 and could imply a significant reversal in risk sentiment, as investors are pricing in a very positive outlook right now. “
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