We the Divided
For more of your opinions on the United States flag, our first contributor says: “I’m 78-years old, and I can remember flying the flag every day of my life.
“Our family had many people who fought in WWI, WWII, Korea, Vietnam, Desert Storm and more.
“I’m proud of my family and country, and I raised ALL my children to respect the flag and our country. Thank you, and GOD BLESS AMERICA.”
Our next reader says: “Unfortunately, ‘We the People’ are not even trying to form a ‘more perfect union.’ We are more divided than ever, and the trend is more to the far extremes than to reconciliation.
“As you point out, the flag now has the opposite meaning to the two sides. I support your aspirational interpretation of the flag without subscribing to ‘my country, right or wrong.’”
Here’s a question: In your opinion, what can everyday Americans do to act more in line with We the People rather than We the Divided?
Send your opinions to, TheRundownFeedback@SevenFigurePublishing.com.
Your Rundown for Wednesday, Jul. 8, 2020
On Tuesday, we learned the federal government — as part of an effort called “Operation Warp Speed” — awarded Novavax (Nasdaq: NVAX) $1.6 billion to scale production of and test a possible coronavirus vaccine.
The Maryland-based biotechnology company is a pacesetter in the race to discover a COVID-19 vaccine, and has set a goal to manufacture 100 million doses at the start of 2021. Or sooner.
“We’re halfway through the trial,” says Novavax CEO Stanley Erck. “We expect to have human data, results, safety and response by the end of this month.”
Because the vaccine is in Phase 3 of FDA clinical trials, production of a vaccine might even start at the end of 2020. Fingers crossed.
After the government’s award — the largest grant given to any pharmaceutical maker — shares of NVAX rocketed 41% yesterday.
“We are grateful to the U.S. government for its confidence in our technology platform,” Mr. Erck said, “and are working tirelessly to develop and produce a vaccine for this global health crisis.”
As an investor, imagine the ROI potential. (As an aside: The Rundown told you about Novavax back in January; at the time, the company was busy developing a targeted flu vaccine when COVID-19 was just some virus plaguing Wuhan, China.
Did you listen?)
Market Rundown for Wednesday, Jul. 8, 2020
The S&P 500 futures up 24 points to 3,168.
Oil’s steady at $40.73 for a barrel of West Texas crude.
Gold is breaking through — up $11.70 to $1,821.60 per ounce.
Bitcoin is up $174.54 to $9,429.46.
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Check back Friday for more. Thanks for reading.
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