Just received a note from Morgan Stanley. They do
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Fortunately, they modify their approach to take advantage of it. If a deal happens with China, they will change again.
My guess is IPIX will stay with their agenda, move forward without much fanfare until they believe it make a permanent difference. EU news would be my first choice as would a significant partnership and significant P3 progress here and abroad. Those taking a position recently can wait it out too. Traders will trade in either direction.
DOW is down nearly 687 now.