RE:RE:markets were expecting end to lockdowns. WRONGI even heard that now we are one year down the road that there are some in Canada's Government expertise that are considering there is a function that rapid test kits can play in a recovery. Of course, from giving it consideration, it may take another 6 months at least before they give it a green light. And then they wonder why we are where we are!
Oldnagger wrote: Israel has twice the number of vaccinations per capita as
the US . They are now running at 10 % of the US per capita for new cases. Whereas before they were near the same rate. It will take the US about 2 months to catch up for vaccinations. So there should be some summer left for them .It will take another month or so for Canada and Europe to catch up. To attain herd immunity levels it will take another 2 months for everyone
I am not an epedimieologist, So this is simply my take as an investor.
We are all still looking forward to the day when new cases start to decline for everyone, unfortunately for some countries that day is very far away indeed.
Winning the war against this virus will require a very sustained and conscientous effort by all of us .
Hopefully everyone will keep that fact in mind and continue to do everything they can to avoid spreading the disease.
VET will remain a good investment regardless, it still has a very high rate of return even under current prices. And no one is ramping up the drilling to any significant extent, nor will they until they are assured that this virus has been tamed once and for all !!