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Brazilian partner of Sinovac earlier said CoronaVac was 50% effective … And the President of Sinopharm resigned today…

Jan 13, 2021 | China, Global Macro, Healthcare

This is not good news. The mistrust is spreading fast and this vaccine was granted 70/75% effective…

In addition, the CEO of Sinopharm (the sole labo authorized by Chinese authorities to sell its vaccine) resigned today, for personal reasons…

All countries are ou close to lockdown another time and the new strains are rushing fast, and infecting kids now.

Just a reminder of the assumption shared by Lagarde this morning.

  • 13-Jan-2021 10:16:09 – REUTERS NEXT-ECB’S LAGARDE SAYS DEC ECONOMIC PROJECTIONS CLEARLY PLAUSIBLE
  • 13-Jan-2021 10:16:44 – REUTERS NEXT-ECB’S LAGARDE SAYS ASSUMPTIONS UNDERLYING FORECASTS STILL CORRECT
  • 13-Jan-2021 10:17:28 – REUTERS NEXT-ECB’S LAGARDE SAYS FORECASTS BASED ON LOCKDOWN MEASURES UNTIL END Q1

Logically, Goldman cut by 50% the assumption of the GDP Growth for the Q1… Delaying to H2 the full recovery…

 

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