• Glenn Wilson
    84
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    Barry Ritholtz wrote: The pandemic lockdown began in March of 2020. As of today, the two leading vaccine candidates from Pfizer and Moderna are requesting FDA approval for emergency use, then a fast track approval for distribution. These should become available in Q1, then be more widely distributed in Q2 and Q3. Best estimates for any form of herd immunity is later next year. Expectations are for life to begin to return to normal — meaning, going to back to work, mask-less social interactions, commuting, public events, etc. — are for sometime around June 2021.

    From the March 2020 lockdown to a June 2021 re-opening is a 16-month span. The halfway mark? It’s today.

    Imagine someone came to you and said the following: You will be locked up at home with only a limited ability to travel locally for 6 month to a year. You can do whatever you want over that period. What would you want the results of that soft incarceration to be? ...

    More at The Big Picture: The Halfway Point. More #BigPicture.

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