I hate to poke a pin in that overinflated balloon... There will not be a vaccine in two months. There won't be a vaccine in four months. There might not even be a vaccine ever. But if there was, nobody is getting it for quite some months. And even then, the efficacy of any vaccine will be questionable until a larger test group can prove it. A penny saved is a penny earned.
Totally agree. The media makes it sound like it is just around the corner. It's not. I really wish it was though, so we can get back to as close to normal as possible. I say absolute best case scenario is a viable vaccine that is approved and good to use for the public about spring-summer of next year with mass production ready for Fall 2021. I have a feeling this winter will be a very bad year due to both flu and COVID. Many people will be forced indoors due to weather, they will be bored and want contact with others. Indoor contact is how it explodes like in the NE this winter/spring. Mass transit = NOPE. Not good for the our consumer economy. Not good for the world economy. Not good for fossil fuel demand. With that in mind, I'd pick silver/gold. Biotech is a circus. Having said that, if things get bad again, stocks that benefit from online commerce, industry, and communication will be where the smart money goes. Or you could just throw it all into ARKK and call it a day
May take longer than 3 months for oil demand to come back. Biotech? May do well, but... I voted for the gold and silver companies.
