Consumers, Valuation & mRNA

Check out the accompanying pdf and chart collection. (1) Just as the party got started…Covid’s back. (2) This wave may pass faster than the previous three. (3) Consumers have jobs and money to spare. (4) Southwest sees a Covid impact, but Wendy’s and Sysco say all’s good. (5) Strong earnings knocking most forward P/Es down. (6) Tech multiples rise slightly. (7) Surging oil and commodity prices send Energy and Materials forward P/Es falling. (8) Hoping mRNA can cure everything. (9) Moderna and BioNTech make much more than just Covid vaccines. (10) Personalized cancer cures may be in our future.