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Fauci: Some places may want to pause reopening, go back

Speaking on Fox News

Dr. Fauci is speaking on Fox news and says:
  • Some places may want to pause reopening, go back
  • He has a good relationship with Trump
  • some southern states need to step back on reopening
  • US shutdown was about 50% in reality, EU is 90%
  • footballs return is more complicated than baseball
  • he supports CDC’s school reopening guidelines
  • task force members are getting the message out
  • vaccine seen widely available by several months into 2021
Yesterday threw out the first pitch in Washington DC before the game between the Washington Nationals and the New York Yankees. He is obviously spending too much time focused on infection control.
  • By the end of this year/beginning of next year we will see if vaccine is safe and effective
  • Vaccine will be widely available several months into 2021

Some positive comments on vaccines from infectious disease expert Dr. Fauci

GOP leaders said to meet at White House later today to discuss next coronavirus bill

FOX News reporter, Chad Pergram, reaffirms the earlier story

Senate majority leader, Mitch McConnell, and House GOP leader, Kevin McCarthy, will be headed to the White House later to discuss the next stimulus bill with Trump and Mnuchin. This adds to the story from earlier in the day here.

 

US
The end of the month is going to be an interesting time, as the US approaches a fiscal cliff with stimulus money set to run out in the coming weeks/months.
Amid a surge in virus cases and the likelihood of the economy facing more dire consequences – not to mention election uncertainty, it will be interesting to see if the market can hold up in the way that it has over the past few months. A neat summary by Bloomberg:
US virus

China has offered for Trump to meet Xi in Macau as alternative to Chile

Fox News report

Edward Lawrence from Fox News reports that China has offered that the Trump travel to Macau to sign the Phase One trade deal, rather than the planned meet-up in Santiago, Chile.
Earlier today, Chile cancelled the APEC summit planned for November because of huge protests that have hit the country related to the high cost of living.
Markets wobbled on the initial announcement of the cancellation of the APEC summit but I don’t see it as any true obstacle to a Phase One deal. It’s a logistical problem but no reason to walk away from an agreement that — by all accounts — is very close to completion.
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