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null Effect of the Recent Vaccine Announcements on Economic Estimates for Spain

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Effect of the Recent Vaccine Announcements on Economic Estimates for Spain
18 Nov 2020
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Clock 5 mins.
CATEGORIES: AER Premium AER Personal Spain Macro Spain
ANALYSTS:
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Ignacio de la Torre
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Leopoldo Torralba
The coronavirus crisis has been a carousel of historic events, featuring pervasively high volatility in stock markets and in the medical and economic situations. Sometimes it is difficult to see the forest for the trees, affecting economic decision-making. The successful efficacy results of the Pfizer and Moderna vaccines trials has been one of the recent, wave-making headlines. The news reinforces our conviction in the predictions we made back in May, against widespread scepticism, that there would be one to three vaccines approved by late 2021.
dot What are the most important ramifications of the vaccine trials on the medical situation?
dot What potentially significant impacts could they have on consensus GDP estimates for 2021?

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