Monday, the CEOs & presidents of almost 200 US companies signed a letter affirming that Joe Biden has won the presidency, & that efforts to undermine the election results 'run counter to the essential tenets of our democracy.'
Who signed that letter? A wild array of biz leaders.
2/ Some of the leaders urging Congress to certify Americans' votes Wednesday are well-known:
Adam Silver, NBA Commissioner
Albert Bourla, CEO, Pfizer
Richard Edelman, CEO, Edelman
Robin Hayes, CEO, JetBlue
Henry Kravis, Co-CEO, Kohlberg Kravis Roberts
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3/ The roster of companies is a who's who of US business — whether you know the names of their leaders or not. Across politics & industries:
Law firms…
Senior partner, Sherman & Sterling
Senior partner, Skadden Arps
Senior partner, Paul Weiss
Senior partner, Cravath Swaine
We have a 2nd coronavirus vaccine that looks astonishingly effective — in early trials.
Moderna announced results this morning.
->30,000 patients in the trial
->Vaccine 94.5% effective
->Also a 2-dose vaccine
Trial not concluded. There are side effects, esp. after 2nd dose.
2/ Last Monday, as a reminder, Pfizer+BioNTech, announced preliminary results in trial of their vaccine — 90% effective. (Also a 2-dose vaccine)
That's 2 vaccines for coronavirus which are showing truly impressive effectiveness just months into development and testing.
Wow.
3/ That's good news — but it's not going to rescue us from a hard, dark winter.
At the earliest, Pfizer & Moderna, and health departments around the US, might have the ability to administer vaccines to 20 million people starting mid- to late-December.
The coronavirus pandemic isn't just out of control in the US — it's rampaging uncheckedacross the entire country.
Wednesday, Nov 11:
• Total cases, all-time high: 145,835
• Total hospitalizations, all-time high: 65,368
• Deaths, 2,811 — highest 2-day total since May 19 & 20
2/ So…
Where is Dr. Deborah Birx?
Where is Dr. Anthony Fauci?
Where is Dr. Robert Redfield?
• Birx, coordinator of the White House covid task force
• Fauci, director of the Nat'l Institute of Allergy & Infectious Diseases
• Redfield, director of the CDC
Where are they?
3/ At least in public, no one is asking the question:
How do we get the pandemic under control?
How do we even *start* to corral the spread of the virus this time — the third time?
Look at the slope of the curve — cases rising almost straight vertical.
2/ How big is this news as the pandemic is raging out of control across the US and Europe?
US stock market futures are indicated up 1,400 points for the Dow at the open (9:30 am), which is 5%, and would send the Dow to a new all-time record at the opening.
3/ The US public health expert Ashish Jha, now dean of the school of public health at Brown, says, 'If that headline really number really holds up, that is huge. That is much better than I was expecting and it will make a huge difference.'