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PFE has created what appears to potentially be the most effective antiviral for those already infected.
Plus, a thought on how the Fed could approach tapering going forward.
The major indexes have needed a correction to catch up with the broad market, but this is far more abrupt than anticipated.
It appears that supply-chain bottlenecks may be starting to ease up a bit, just as lockdowns may possibly take the gusto out of global consumer demand.
Plus, the headline numbers don't come close to telling the story of Thursday's action in the equity markets, which had a case of bad breadth.
Janet Yellen: 'If we want to get inflation down, I think continuing to make progress against the pandemic is the most important thing we can do.'
Thailand, Indonesia, Singapore, Malaysia and the Philippines are reopening their borders, but few visitors have arrived.
Plus, the intersection of rising inflation and a slowing velocity of money give us reason for pause.
Look for business travel to pick up in a big way in 2022 as the pandemic winds down, which is why American Airlines is a stock to consider.