Markets await vaccine for Covid-19

TheStar Sat, May 23, 2020 12:00pm - 3 years View Original


Search for vaccine: Office workers wearing face masks to help curb the spread of the coronavirus heading to work in Bangkok. Thailand recently announced it expects to have a vaccine for Covid-19 ready by next year after finding positive trial results in mice. — AP

Renowned value investor Bill Miller surprised many recently when he said he was bullish on aviation stocks.

Going against the tide, Miller said he was putting his money on the stocks of several US airline companies. This was despite the fact that the overall sector’s prospects were among the hardest hit by the Covid-19 crisis.

So, what is his rationale?

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