Ray Dalio believes global markets face a “very special moment,” with China’s capital markets on the rise and the relative investment appeal of the U.S. fading.
BioNTech and Pfizer Inc.’s unexpectedly efficacious COVID-19 vaccine candidate caught Wall Street and the medical community by surprise this week, yet the same experts who are thrilled by the news caution that the effectiveness of the vaccine will likely be lower in the real world.
The head of the World Health Organization praised a developing country for its success in handling the coronavirus pandemic on Friday and urged others to re-evaluate their approach to health care.