AstraZeneca’s coronavirus vaccine suffered a setback that shows why Big Pharma would rather be safe than sorry. Here’s the good news.

2020-09-09

  U.K.-based pharmaceutical giant AstraZeneca said Tuesday it will suspend clinical trials of a coronavirus vaccine it developed with Oxford University after a British subject fell ill. The decision will affect the company’s just-started so-called Phase 3 trial, which recruited 30,000 volunteers in the U.S. after 10,000 subjects in theRead More →

Gold hits new highs, approaching the $1,810 level

2020-07-17

  Widespread Dollar weakness helped Gold regain positive traction on Friday. A further decline in US bond yields continued to support this positive development. The bulls appeared to be relatively unaffected by the positive mood in global equity markets. Gold continued to gain ground during the mid-European session and wasRead More →

Fed’s Kaplan worries economy’s recovery may be slowed if coronavirus health practices remain ‘uneven’

2020-06-14

MARKETWATCH FRONT PAGE Dallas Fed President Robert Kaplan said Sunday health-care procedures to combat the coronavirus were just as important as government funding for the nascent economic recovery and, to date, these efforts to reduce coronavirus infections have been “uneven.” See full story. Asymptomatic transmission of coronavirus appears to beRead More →