Don’t be fooled by the relatively small movements across European indices today. The animal spirit is very much alive. Before we get into the nitty gritty though we have a piece out from the HealthCare team on the Pfizer vaccine results. In this short note, they provide their thoughts on the headline numbers as well on regulatory timelines, supply, implications for other vaccine programmes, as well as the unanswered questions. Definitely worth a look.
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