“A vaccine historically is a 5 year process. You read it could be as soon as a year. That’s just extremely optimistic. Not impossible, but optimistic,” says BCG CEO Rich Lesser on what it will take to get back to normal and why that may be further away than most think. pic.twitter.com/QGVLdQANbG
— Squawk Box (@SquawkCNBC) April 24, 2020
As authorities the world over consider when to lift economy-crippling movement restrictions aimed at curbing coronavirus infections, the fear on everyone’s minds can be expressed in two words: second wave t.co/v5XshV1yWl
— Bloomberg Markets (@markets) April 24, 2020
Less than 3% of U.S. counties account for 1/2 of GDP & 61% of #coronavirus cases; until these densely populated counties can reopen, economic activity will be lackluster, which drags on consumption & increases size of 2nd wave of layoffs building @DiMartinoBooth @BLS_gov @USDOL pic.twitter.com/48gBuh8yzT
— Liz Ann Sonders (@LizAnnSonders) April 24, 2020