Nuke the Vaccine Makers from Orbit

Denninger: Only Two Things Are Infinite....

The vaccines clearly do not work. International travel has been vaccinated-only everywhere for quite some time. So the person(s) who brought the virus into your nation with this “variant” were vaccinated. The market, of course, responded to this news by spiking the vaccine companies, specifically Moderna. You have to wonder what sort of stupidity would drive someone to consider a firm that has one product which clearly did not work a “buy” in a situation like this. Mass psychosis is the only reasonable explanation.

...Never mind that with vaccines we have more Covid-19 deaths this year than last. How is that possible if the jabs work? Yes, not everyone has gotten them. So what? There should be a more than ratable decrease with vaccinated population percentage since we know the most at-risk were the most-likely to get the vaccines the earliest and thus if they prevented critical and fatal outcomes those vaccinated should be zero and zero when it comes to such outcomes. If the virus kills 0.1% of the people who get it but the people who can get it are 200 million instead of 330 million because the rest have been vaccinated and are immune then the death count should drop by much more than a third since the most-vulnerable got jabbed first.

Instead the death count went up.

Markets can be irratioal, but the vaccine makers should be sinking simply because of the omicron panic lifting.