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How Charlie Brown Felt 4/29/20

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We love Charlie and hate Lucy!  

3 day cycle projection on the fucutures 2935. 

Another cure found......same company........

 there is a "new" trade deal with China too, right........

And there is still the FED speak later........

>: There was also a GDP number mentioned.......

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April 29, 2020

 

Gilead Announces Results From Phase 3 Trial of Investigational Antiviral Remdesivir in Patients With Severe COVID-19

-- Study Demonstrates Similar Efficacy with 5- and 10-Day Dosing Durations of Remdesivir -

https://www.gilead.com/news-and-press/press-room/press-releases/2020/4/gilead-announces-results-from-phase-3-trial-of-investigational-antiviral-remdesivir-in-patients-with-severe-covid-19

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32 minutes ago, sandy beach said:

April 29, 2020

 

Gilead Announces Results From Phase 3 Trial of Investigational Antiviral Remdesivir in Patients With Severe COVID-19

-- Study Demonstrates Similar Efficacy with 5- and 10-Day Dosing Durations of Remdesivir -

https://www.gilead.com/news-and-press/press-room/press-releases/2020/4/gilead-announces-results-from-phase-3-trial-of-investigational-antiviral-remdesivir-in-patients-with-severe-covid-19

People were still dropping dead. But 7% of severely ill patients. That's better than untreated. That's closer to 70% mortality, no? 

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2 minutes ago, DrStool said:

People were still dropping dead. But 7% of severely ill patients. That's better than untreated. That's closer to 70% mortality, no? 

This is just a press release - let's wait for the medical journal article and then we'll see the true stats laid out. 

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That's not about that Gilead news. "Taders" are simply front-running the FED decision this evening. Anticipating that FED will introduce yet another "programme", maybe they just gonna buy the Q's or whatever kinky stuff they come out with.

The BoJ buys ETF's since 2010. Look where Nikkei is since then.

That whole FED stuff will work until it doesn't.

The biggest economic catastrophe since WW2 was not on Aug 15 1971, it was not the oil crisis, it wa not 1987, it was not Savings & Loans (although that one was the second biggest), it was not the FED in the 90s, it was not the Nasdaq bubble, it was not Lehman, it was:

The introduction of NEGATIVE interest rates.

That is the total and relentless catastrophe. Everything else is a sideshow.

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