President-elect Donald Trump announced a series of crucial nominations on Friday night, including tapping NFL veteran Scott Turner as Secretary of the Department of Housing and Urban Development (HUD), and Russ Vought to return as the director of the White House Office of Management and Budget (OMB).
Read MoreTag: Centers for Disease Control and Prevention
Operation Warp Speed Official Questions COVID Vaccine Purity, Worries ‘They May Ingrate’ into DNA
COVID-19 vaccine supporters are fond of sneering at public figures who have called for the Food and Drug Administration to pull or at least re-evaluate the safety of the increasingly unpopular therapeutics, such as Health and Human Services secretary nominee Robert F. Kennedy Jr., cardiologist Peter McCullough and Florida Surgeon General Joseph Ladapo.
Read MoreCommentary: The Sad Reasons Americans Give for Not Having Kids
The baby bust is here.
The reality is clear: Americans are having fewer kids. In 2023, America had 2 percent fewer births than in 2022, hitting a record low, according to newly released finalized data from the Centers for Disease Control and Prevention.
Read MoreFour Years Later, CDC Documents on COVID-19’s Origin in China Emerge as Oversight Wanes
Newly released documents from the Centers for Disease Control and Prevention reveal early evidence and analysis four years ago in which U.S. government officials indicated that COVID-19 originated in Wuhan, China.
These findings in the CDC documents obtained by The Heritage Foundation’s Oversight Project, dating from about six months after the disease’s initial outbreak, are coming to light only now because of the government’s repeated delays in releasing relevant documents through the Office of the Director of National Intelligence.
Read MoreFeds Bet on Wrong COVID Horse Again as Pfizer’s Own Research Casts Doubt on Pricey Paxlovid
There may be a reason Pfizer chose that curious tagline in the drugmaker’s once-inescapable commercials for its COVID-19 oral antiviral – the subject of a “Saturday Night Live” parody – which cost U.S. taxpayers at least $12 billion before the feds tightened the spigot last fall and Pfizer jacked the price to $1,390 for a five-day course.
The nirmatrelvir-ritonavir combination marketed as Paxlovid does no better against so-called long COVID than a placebo taken with ritonavir, according to a new “original investigation” quietly released Friday in JAMA Internal Medicine, published by the Journal of the American Medical Association.
Read MoreCommentary: Faith’s Proven Role in Overcoming Mental Illness
by Carrie Sheffield “There is an important body of conservative thought that is now nearly or completely absent on the faculties of many eminent universities,” former Harvard University President Derek Bok wrote in Harvard Magazine following Hamas’ terrorist attacks Oct. 7 in Israel and the ensuing campus chaos. He recommends “some immediate progress by trying…
Read MoreProminent Epidemiologist Says Data Proves COVID Lockdowns Failed, and Hurt Population
Dr. Harvey Risch, Professor of Epidemiology at the Yale School of Public Health, says lockdowns failed to mitigate the COVID-19 pandemic and had “serious repercussions for substantial fractions of the population.”
“The measures that need to be monitored for a pandemic of this sort are the number of deaths, serious hospitalizations, and serious outcomes of the infection, not the infection itself,” Risch said on a “Just the News, No Noise” special on Friday.
Read MoreCOVID Vaccine ‘Adverse Events of Special Interest’ More Common than Expected: CDC-Funded Study
Rep. Debbie Dingell developed a severe nerve condition from a mandatory swine flu vaccine, which initially made her “scared to death” to get a COVID-19 vaccine, she told a congressional hearing last week.
The Michigan Democrat might want to reconsider her now-unquestioning enthusiasm for COVID vaccines, including those made through traditional methods, in light of a massive international study of “adverse events of special interest” funded by the Centers for Disease Control and Prevention and set to be published in the peer-reviewed Elsevier journal Vaccine.
Read MoreCDC Overrules Mask Advisers and Its Own Research Finding ‘No Difference’ Between N95, Surgical
Nearly a year ago, the respected research collaborative Cochrane drastically reinterpreted its own “systematic review” of randomized controlled trials (RCTs) on masking in response to media pressure, deeming them “inconclusive” after the review team found that masks make “little to no difference” against COVID-19 or influenza.
The Centers for Disease Control and Prevention is following Cochrane’s lead by publicly pressuring its advisers to revise their recommendations on masking in healthcare settings, which are based on its own systematic review that now undermines CDC preferences.
Read MoreCommentary: Gun Owners End 2023 Proving Gun Control Advocates Wrong
As 2023 drew to a close, millions of peaceable Americans geared up for a new year that will bring with it many new limitations on their constitutional right to keep and bear arms.
In California, for example, Jan. 1 was the date to ring in the state’s plethora of new restrictions on carrying concealed firearms in public, courtesy of SB 2, a law passed in the wake of New York State Rifle & Pistol Association v. Bruen to punish concealed carry permit holders for having their rights vindicated by the Supreme Court.
Read MoreCommentary: CDC’s Latest Abortion Numbers Is a Sobering Reminder of Monumental Task Ahead
The most recent report on abortion from the Centers for Disease Control and Prevention is out and, as usual, it’s grim.
The number of abortions rose from 620,327 in 2020 to 625,978 in 2021. The key drivers in this depressing increase are a greater use of dangerous chemical abortion pills and weakened safety protocols governing the use of such pills.
Read MorePrestigious Science Journals Confirm Censored Views: Masks at Best Don’t Reduce COVID Infection
The best-case scenario for one of the most common COVID-19 interventions may be that it has no measurable effect on infection, recent studies suggest.
A systematic review of studies of mask mandates for children, published Saturday in the British Medical Journal’s Archives of Disease in Childhood, found “no association” with infection or transmission in 16 of the 22 observational studies and “critical” or “serious” risk of bias in the six countervailing studies. It got the attention of Elon Musk, owner of X, formerly Twitter.
Read More‘Total Lack of Critical Thinking’: Experts Question COVID Vax, Mask Mandates amid ‘Surge’
by Greg Piper Governments and private entities are using a small rise in COVID-19 hospitalizations and new viral variants to juice interest in bivalent boosters that only 1 in 6 Americans have taken and to urge a return to routine masking, if not outright mandating new jabs and face coverings. What they aren’t…
Read MoreFederal Judge Denies Biden Admin’s Request to Keep Coordinating with Big Tech to Censor Americans
A federal judge denied the Biden administration’s attempt to pause an injunction that bars federal officials from communicating with social media companies for the purposes of censoring protected speech on Monday.
The Biden administration appealed Western District of Louisiana Judge Terry A. Doughty’s July 4 injunction on Wednesday, also requesting an emergency order to pause the injunction while the appeal is pending on Thursday night. Doughty denied the administration’s emergency order Monday, finding that plaintiffs would likely succeed in proving the government colluded with social media companies “to engage in viewpoint-based suppression of protected free speech.”
Read MoreCDC Issues Malaria Advisory After First Cases Found in U.S. in Two Decades
The Centers for Disease Control and Prevention issued a health advisory for malaria after cases were found in Florida and Texas within the past two months, marking the first time in two decades that people acquired the disease from mosquitoes in the United States.
Read MoreBiden Picks Mandy Cohen to Serve as CDC Director
President Joe Biden on Friday announced that he had selected former North Carolina Health and Human Services Secretary Mandy Cohen to serve as the next director of the Centers for Disease Control and Prevention.
“Dr. Cohen is one of the nation’s top physicians and health leaders with experience leading large and complex organizations, and a proven track-record protecting Americans’ health and safety,” Biden said in a statement, pointing to her management of the COVID-19 pandemic in the state and her role in expanding Medicaid.
Read MoreCommentary: Biden-Created Border Crisis About to Get Whole Lot Worse
One of the last serious border enforcement policies left under the Biden administration is just days away from being removed.
If it can be believed, things look to become much worse at the southern border, where tens of thousands of illegal immigrants and asylum-seekers are currently gathering.
Read MoreCommentary: With Passenger Mask Mandate Gone, Flight Turbulence Stats Improve Markedly
The friendly skies too often resembled “season’s beatings” shopping brawls during the pandemic, as the number of arguments and even fistfights surged on-board. Viral videos of the flight-and-fight mayhem frequently had a common denominator – the federal government’s mask requirement.
So it may come as little surprise that disruptions on commercial domestic flights have plummeted by 74% since the Biden administration’s mask mandate was  overturned by a federal judge in April. The current rate is 1.7 unruly passengers per 10,000 flights, down from 6.4 per 10,000 in February.
Read MoreTop Epidemiologist Wants Pandemic Emergency Powers Ended, Insurer Death Data Released
One of the nation’s leading epidemiologists is declaring there is no basis for President Joe Biden to extend his emergency pandemic powers and that it is essential for insurers to release data showing deaths and injuries to those who have received COVID-19 vaccines.
Dr. Harvey Risch, professor emeritus at the Yale University School of Public Health, told Just the News on Friday evening that federal agencies have epically mishandled the pandemic strategy by substituting theories and politics for science.
Read MoreCommentary: American Fitness Has National Security Implications
Fiscal year 2023 is projected to be the most difficult year for military recruiting since the inception of the all-volunteer force in 1973. Every branch of the military is reporting extreme challenges in recruiting enough volunteers to fill their ranks. Not only are fewer people volunteering, but there are fewer eligible Americans to recruit as the prevalence of obesity grows and disqualifies an ever-increasing number from military service.
Read MoreCDC Immunization Advisory Panel Likely to Weigh Recommending Routine COVID Shots for Children
The Centers for Disease Control and Prevention (CDC) Advisory Committee on Immunization Practices (ACIP) may have scheduled in its meeting agenda for Wednesday and Thursday a vote on whether to recommend adding COVID-19 shots to the standard Child and Adolescent Immunization Schedule.
The agenda’s wording is ambiguous, as Children’s Health Defense (CHD) President and General Counsel Mary Holland noted.
Read MoreNew York City Education Department Fires 850 More Teachers for Refusing COVID Vaccine
The New York City Department of Education has fired another 850 teachers and aides for refusing to comply with its COVID vaccine mandate, bringing the total number of school staff terminated over the mRNA shots that have not prevented the spread of infection to 2,000.
Some 1,300 department employees agreed to comply with the vaccine mandate by September 5 after taking a year of unpaid leave with benefits, the New York Post reported. The department informed personnel they would have to be vaccinated by that date or be “deemed to have voluntarily resigned.”
Read MoreCDC: Administrative Federal Agency Charged with Americans’ Health and Safety Flooded With Credibility Problems
While the Centers for Disease Control and Prevention (CDC) is only one example of an administrative federal agency run by unelected bureaucrats, it is one charged with ensuring Americans receive truthful health and safety information, a daunting role for an organization now engulfed with concerns about its credibility.
CDC Director Dr. Rochelle Walensky wrote in a letter made public this week her agency did not conduct a type of analysis on reports made to the Vaccine Adverse Event Reporting System (VAERS) regarding COVID shots during 2021. Her agency, however, indicated otherwise in its documents and through some of its other representatives.
Read MoreLGBT Activist’s Study About Transgender ‘Social Contagion’ Falls Apart Under Scrutiny
A study purporting to debunk the theory that social contagion contributes to transgender identity has several fundamental flaws, according to experts who reviewed the study.
The study — ‘Sex Assigned at Birth Ratio Among Transgender and Gender Diverse Adolescents in the United States’ — used findings from the flawed methodology to recommend that female adolescents who identify as trans be provided “gender affirming care,” a common euphemism in the activist community to describe chemical and surgical interventions for sex changes. The lead author of the study, Dr. Jack Turban, is himself a member of the LGBT community and an outspoken advocate for such interventions.
Read MoreDocuments Reveal CDC, Big Tech Colluded to Promote Biden Administration’s COVID Propaganda
Documents obtained by America First Legal (AFL) reveal “concrete evidence” of how the Centers for Disease Control and Prevention (CDC) colluded with the social media giants to promote the Biden administration’s COVID-19 propaganda and censor Americans’ free speech, AFL reports.
Read MoreGuatemalan President Says Biden‘s ‘Confusing’ Border Messaging Is Encouraging Smugglers to Exploit Children
The Biden administration’s messaging on immigration has created “confusion” that human smugglers and traffickers have exploited, Guatemalan President Alejandro Giammattei told the Daily Caller News Foundation in an interview.
Giammattei said smugglers know it’s easier to get people into the U.S. illegally under the Biden administration as a family, and that smugglers have used children, whether biological or not, in order to get their clients across the border. He mentioned the Biden administration’s effort to codify the Deferred Action for Childhood Arrivals (DACA) program, which prevents migrants brought to the U.S. as children from being immediately deported, as exacerbating the problem.
Read MoreDoctors Question Kids’ Vax as U.K. Research Shows Minuscule COVID-19 Risk
The quality of evidence for the FDA’s emergency use authorization (EUA) of COVID-19 vaccines for children as young as 6 months is drawing scrutiny from high-profile doctors and academics, some of whom are asking the White House not to pressure parents to vaccinate.
With CDC seroprevalence data from February finding 75% of minors had natural immunity, more attention is going to the risk/benefit calculation of vaccines for the age group at lowest risk from COVID.
Read MoreTeachers’ Union Boss Raked In Massive Six-Figure Salary While Fighting to Close Schools
American Federation of Teachers President Randi Weingarten was paid nearly half a million dollars during the 2021-2022 school year, a report from Americans for Fair Treatment stated Wednesday. Weingarten raked in six-figures while simultaneously pushing for schools to stay shutdown during the COVID-19 pandemic.
With teacher’s union dues, Weingarten is paid $449,562, the Americans for Fair Treatment report stated. Weingarten’s salary is about seven times more than the average high school teacher makes as of 2021, according to the U.S. Bureau of Labor.
Read MoreCOVID Restrictions Stunted Kids’ Immune Systems, Could Explain Surge of Other Illnesses: Scientists
For two years and counting, the scientific and medical establishments have urged Americans at all risk levels to limit their exposure to the microbial world to effectively reduce the spread of COVID-19, rather than focus on protecting the vulnerable.
The unexpected surge of other pathogens starting last summer, however, has challenged the wisdom of frequent sanitizing, social distancing, remote work and education, and routine mask-wearing, especially applied to children.
Read MoreLouisiana Judge Blocks Biden from Lifting Title 42 Immigration Rule
A Louisiana judge ruled Friday that President Biden must at least temporarily keep in place federal rule Title 42 that was activate by the Trump administration as a public health measure to limit immigration during the pandemic.
Judge Robert Summerhays, a Trump appointee for the U.S. District Court for the Western District of Louisiana, imposed the preliminary injunction against the lifting of the order while the case advances through the court system.
Read MorePrimary Source of COVID Misinformation Is the Feds, Scientists and Scholars Tell Surgeon General
U.S Surgeon General Vivek Murthy recently asked the public how COVID-19 misinformation “in the digital information environment” had affected health outcomes, trust in the healthcare system and “likelihood to vaccinate,” among other issues.
According to vaccine and healthcare policy experts who joined with Indiana Attorney General Todd Rokita, the misinformation is coming from inside the house.
Read MoreCommentary: Caught Between Science and Power
After losing in court and receiving a nationwide injunction against the institution of the mask mandate, the Department of Justice and the Centers for Disease Control and Prevention (CDC) had a decision to make: accept the court’s decision and move on to other means to combat Covid-19 without resorting to mask mandates; try to start from scratch and put a mask mandate rule in place that might conform better with statutory requirements; or appeal the case.
Read MoreCommentary: The White House’s Swift Surrender on Federal Mask Order Underscores the Tricky Politics of Mask Mandates
The Biden administration announced Monday it will no longer enforce a federal mask mandate on public transportation, including airplanes. The decision was announced after Federal Judge Kathryn Kimball Mizelle ruled that the directive was unlawful, noting that the CDC had not sought public comment prior to its order—issued 14 months ago—and did not adequately explain its reasoning.
Following the court’s decision, four major airlines immediately announced they would drop mask requirements on all domestic flights.
Read MoreFour Largest Airlines Drop COVID Mask Requirement Hours After Trump-Appointed Judge Strikes Down CDC Mandate
Four major U.S. airlines are ditching COVID-19 mask requirements after a federal judge in Florida on Monday struck down the Biden administration’s mask mandate for air passengers and others mass travelers.
Several airlines, including United Airlines, Delta, Southwest Airlines and American Airlines announced that they were dropping the mask requirements for passengers and employees.
Read MoreCDC Study: Remote Learning Hurt Kids’ Mental Health
When schools pivoted to remote learning amid the COVID-19 pandemic, the first casualty was kids’ mental health.
A new study by the Centers for Disease Control and Prevention (CDC) analyzed teenagers’ mental health from January 2021 to June 2021. Compared with 2019, the study found that the proportion of mental health–related emergency department visits in 2020 increased by about 31% among kids aged 12–17 years.
Read MoreThe World Continues to Flock to Our ‘Porous’ Southern Border
Border authorities are seeing a continued flow of migrants crossing into the U.S. that are from countries beyond Central America ahead of an expected surge when Title 42 ends.
Title 42, the Trump era order, which has resulted in the expulsion of over 1.7 million migrants, will end May 23, the Centers for Disease Control and Prevention (CDC) announced Friday.
Read MoreRepublican Report: CDC Official Confirms Teachers’ Unions Given ‘Unprecedented’ Status on Whether to Reopen Schools While Parents Not Consulted
House Minority Whip Steve Scalise (R-LA) said Wednesday the Centers for Disease Control and Prevention (CDC) used “political science” and not “medical science” to collaborate with the American Federation of Teachers (AFT) to create guidance on the issue of reopening the nation’s government schools.
Appearing as a guest on Fox News’ The Ingraham Angle, Scalise referred to a report released by Republicans on the House Select Subcommittee on the Coronavirus Crisis that revealed a CDC official’s testimony confirming the nation’s top health agency coordinated with teachers’ unions at an “unprecedented” level to craft school reopening guidance, despite the CDC’s earlier claims that their coordination with the unions was routine.
Read MoreFeds’ Pressure on Tech Platforms to Censor COVID ‘Misinformation’ Is Unconstitutional, Suit Says
The government’s sustained pressure on social media platforms to censor and report purported COVID-19 misinformation amounts to “state action” that violates the First Amendment, according to a lawsuit filed Friday on behalf of three Twitter users.
The New Civil Liberties Alliance (NCLA), a frequent litigant against COVID-related administrative action, is representing theoretical cognitive scientist Mark Changizi, lawyer Michael Senger and stay-at-home father Daniel Kotzin.
Read MoreWhite House Belatedly Concedes COVID Spreads Primarily Through Aerosols
COVID-19 spreads primarily through aerosols, the White House Office of Science and Technology Policy (OSTP) said in a blog post Wednesday that puts it at odds with the CDC, according to a research center run by President Biden’s former COVID advisor Michael Osterholm.
The University of Minnesota’s Center for Infectious Disease Research and Policy (CIDRAP) said the White House was “years” behind some experts worldwide in recognizing the primacy of aerosol transmission. “It’s worth noting there is no mention of droplets in the blog post,” George Washington University public health epidemiologist David Michaels told CIDRAP.
Read MorePfizer CEO Calls for Another Booster Shot for All Americans
On Sunday, the chief executive officer of Pfizer said that Americans should be prepared to receive a second booster shot of the Coronavirus vaccine, which would mark the fourth overall shot that has been forced on the American public.
As reported by Politico, Albert Bourla made his remarks in an interview with CBS’ Margaret Brennan, where he said that his company was preparing to submit “a significant package of data about the need for a fourth dose” to the Food and Drug Administration (FDA).
Read MoreBiden Quietly Extends National COVID Emergency Indefinitely
In a letter to the House Speaker and Senate President Friday, President Joe Biden extended the national COVID-19 emergency pandemic indefinitely.
“There remains a need to continue this national emergency,” Biden wrote.
Read MoreTexas Congresswoman, Texas Sue CDC over Air Travel Mask Mandate
U.S. Rep. Beth Van Duyne, R-Texas, represented by the Texas Public Policy Foundation, and the state of Texas are suing the Centers for Disease Control and Prevention, challenging the constitutionality of its requirement that people wear masks on commercial airlines, conveyances, and at transportation hubs.
The lawsuit is likely to go to the U.S. Supreme Court, TPPF said, where they think it will prevail. The statute being used to justify the CDC airline mask mandate is the same one used to justify the eviction moratorium over which TPPF sued and the Supreme Court struck down last year.
Read MoreBig Tech Censored Dozens of Doctors, over 800 Accounts for COVID-19 ‘Misinformation,’ Study Shows
Major technology companies and social media platforms have removed, suppressed or flagged the accounts of over 800 prominent individuals and organizations, including medical doctors, for COVID-19 misinformation, according to a new study from the Media Research Center (MRC).
MRC’s Free Speech America CensorTrack, an initiative that monitors acts of censorship across online platforms, identified over 41 instances between March 2020 and February 2022 in which doctors, scientists and medical organizations were censored, according to the results of a study shared with Daily Caller News Foundation.
Read MoreCDC Admits Natural Immunity Better Than Vaccines, While Hyping Perils for Unvaxed Kids
Natural immunity from COVID-19 is broad and durable. The lowest risk group for COVID complications should get vaccines — and boosters, for those authorized — regardless of their health.
These statements came out of the CDC two days apart, illustrating the agency’s mixed messaging as ongoing research fails to show a meaningful effect on viral transmission from COVID interventions, especially in children.
Read MoreAmid Legal Doubt over Youngkin Mask Opt-Out Order, Virginia Departments of Health and Education Emphasize Parents, Officials Share Responsibility for COVID-19 Mitigation
The Virginia Department of Health (VDH) and Department of Education (VDOE) updated their guidelines to reflect Governor Glenn Youngkin’s mask-mandate opt-out order. The new guidance downplays masks and says COVID-19 risk reduction is a shared responsibility between parents and officials.
“These three core principles found in Executive Order 2 reaffirm: 1. Parents are in charge of their children’s health, wellbeing and education, 2. Schools must be open five days a week for in-person learning, and 3. The Commonwealth and school divisions must provide a safe and healthy school environment,” the new guidance states.
Read MoreCommentary: Fauci Must Go
It’s time for Dr. Fauci to go.
That’s a tough sentence to write considering the important role he’s played in advancing crucial public health issues from advancing HIV/AIDS therapies to our battle against COVID-19. His Bobble Head was well-deserved. Please, don’t shoot the messenger.
Read MoreCommentary: The Best Path Forward for Omicron… Let It Rip
The recent arrival of the Omicron variant of COVID-19 has, for far too many, reset the clock of our timeline for a return to societal normalcy.
Public health authorities in many countries reimposed loosened travel restrictions that had lapsed. Washington, D.C., under the mayorship of Muriel Bowser, passed a draconian private-sector vaccination mandate, the likes of which had previously only passed muster in iconic deep-blue metropolises such as New York City. The vacillating mandarins who constitute the “public health” apparatus in this country, such as Lord-Emperor Anthony Fauci, quickly began fearmongering about the need to avoid large gatherings for Christmas and New Year’s Eve. Restaurants and bars across the country that had shelved mask mandates suddenly deemed it necessary to make customers mask up again.
The sober reality, as should be obvious as we approach the two-year anniversary of “15 Days to Slow the Spread,” is that COVID-19 is simply not going anywhere; much like influenza or the common cold, it is now something humanity is simply going to have to deal with. Furthermore, at this point in the “pandemic,” it should be equally obvious that the COVID-19 vaccines are completely ineffective at preventing viral transmission. There is simply no compelling evidence that the vaccines are generally effective at slowing the spread. The vaccines often appear to be an effective symptom mitigation prophylactic for those who catch COVID-19, but that makes vaccination a quintessential private health decision with little-to-no relevance for public health authorities.
Read MoreBiden Administration to Distribute Millions of COVID-19 Tests to K-12 Schools Each Month
President Joe Biden’s administration plans to provide millions of COVID-19 tests to K-12 schools each month, the White House said in a Wednesday statement.
This month, the Biden administration will start shipping five million rapid COVID-19 tests each month to K-12 schools across the country in an effort to keep schools open amid a spike in COVID-19 cases and the rise of the Omicron coronavirus variant, according to White House officials. The new tests will allow schools to double the “volume of testing” from November 2021.
The administration also plans to expand lab capacity to provide an additional five million tests per month so schools can “perform individual and pooled testing in classrooms nationwide.”
Read MoreCDC Shortens Isolation Window for Positive COVID-19 Result to Five Days
The Centers for Disease Control and Prevention has updated the amount of time it recommends people isolate themselves after testing positive for COVID-19, shortening it from 10 days to five.
“Given what we currently know about COVID-19 and the Omicron variant, CDC is shortening the recommended time for isolation from 10 days for people with COVID-19 to 5 days, if asymptomatic, followed by 5 days of wearing a mask when around others,” the CDC said in a statement Monday.
The CDC changed the guidance because officials believe the data indicates the majority of COVID-19 transmission takes place early in the course of the illness, “generally in the 1-2 days prior to onset of symptoms and the 2-3 days after,” the statement said.
Read MoreNasdaq Expected to Underperform the S&P 500 for First Time in over Five Years
The Nasdaq Composite, a technology-heavy index of publicly-traded companies, is set to underperform the S&P 500 for the first time since 2016, according to CNBC.
The S&P 500, a stock market index consisting of the 500 largest publicly-traded companies in the U.S., climbed 28% in 2021 as of Monday, while the Nasdaq was up 23% on a year-over-year basis, according to CNBC. The S&P 500 previously beat the Nasdaq in 2016 and 2011.
The Nasdaq had a strong start to 2021, almost doubling the S&P 500 in February, CNBC reported. Trading slowed after the arrival of the COVID-19 vaccines, which boosted sentiment among investors that the pandemic was ending, reducing demand for remote work technology and other tech-focused goods.
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