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Moderna says its vaccine is more than 94% effective
Nov 16, 2020

Moderna says its vaccine is more than 94% effective

Plus, Jay Clayton, head of the SEC since 2017, will step down as chairman. And, how much more investors consider factors like environmental responsibility, human rights and labor concerns when deciding where to put their money.

Segments From this episode

A strong response from markets on more positive news about coronavirus vaccine efficacy

Julia Coronado, founder and president of MacroPolicy Perspectives, explains why it’s better to have two working vaccines than one. “This one is a little bit more effective,” she said about the Moderna vaccine. “And also, potentially, you have less issues with supply chain delivery, production, producing enough for everybody. So more is better.” She also said this doesn’t entirely change the calculus around more pandemic relief from the federal government. “So, in the near term, we have rising virus, we have about 15 million people whose unemployment benefits are going to expire at the end of the year. So there’s a lot of causes for concern in the near term, even as the medium term looks better and better with the development of the vaccine.”

How to invest in a better world

A US SIF report sheds light on the criteria investors use to profit society and the environment as well as their portfolios.
Climate change and carbon was the number one issue for money managers in a report on environmental, social and governance investing from the US SIF Foundation.
Kevin Frayer/Getty Images

Music from the episode

Mobius Streak Hiatus Kaiyote

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Brian Allison Engineer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer