All stocks are vaccine stocks

In a world with COVID-19, what factors are most influential to a company’s stock price? Are company specific or macroeconomic factors most important? It turns out, the speed of health care innovation in fighting COVID-19 may be the biggest single factor influencing all stock market prices. Barrons: General Electric stock was racing higher Tuesday, but…

Should we be spending more on pharmaceuticals?

Perhaps the answer is yes according to research from Frank Lichtenberg. Every year, according to Lichtenberg’s research, drugs launched since 1982 are adding 150 million life-years to the lifespans of people in 22 countries that he analyzed. He calculated the average pharmaceutical expenditure per life-year saved at $2,837 — a bargain, he says.“According to most…