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Daily Brief 12/14 – Vaccine Shipments Begin and Stimulus

Hospitals Ready for Pfizer shipments: With the FDA approving the Pfizer vaccine for Emergency Use, hospitals are preparing to receive the vaccine today. General Gus Perna, the CEO of Operation Warp Speed announced on Saturday that, “We expect 145 sites across all the states to receive vaccine on Monday, another 425 sites on Tuesday, and the final 66 sites on Wednesday, which will complete the initial delivery of the Pfizer orders.”

These 2.9 million shots are expected to end up being distributed to health-care workers and nursing home residents. Jesse Breidenbach, senior executive director of Sanford Health said that Pfizer is sending its vaccine in specially made containers packed with dry ice to keep it at 94 degrees below zero Fahrenheit.

Stimulus bill unveil: Senator Joe Manchin said Sunday Congress would produce a relief package “for the American people tomorrow, $908 billion .. The plan is alive and well and there’s no way, no way that we are going to leave Washington without taking care of the emergency needs of our people,” the West Virginia Democrat said on “Fox News Sunday.”

The lawmakers will present the language in two separate bills in an attempt to break the gridlock. According to Bloomberg, “One proposal for $748 billion in spending will include all provisions other than state and local aid and liability protections for employers. The second bill will have two provisions that have deeply divided leaders on both parties — $160 billion in state and local aid allocated through a needs- based system, and liability provisions.”

Here’s to hoping they get something, anything passed.

Charts and Tweets we like:

Likely

Financial media is notorious for making calls at peaks and/or being wrong. Have to agree with Will here.

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