Moderna says it’s moving to a new phase of testing for its vaccine. Plus, more than $100 billion in spending on China’s Singles’ Day. And, how to approach your investment portfolio now that there’s a new president-elect.
Moderna’s clinical trial has accumulated sufficient data on volunteers with infections to analyze vaccine efficacy.
But overall retail sales in China for the year are still down significantly due to the pandemic.
“It’s hard to see how electing any president makes a difference to people’s long-term portfolios,” says Barry Ritholtz.