They look at commodities ON POST PANDEMIC OUTLOOK !
Pandemia just started and will have a peak in Feb-March
and for them its already over !
All vaccine producers/Pfizer-Curevac, AstraZeneca,
Moderna etc clearly said, IF ALL GOES WELL, massive
vaccination will start end of 2021 to spring 2022.
There are no sufficient producing capacity !
Saxo is running in front of the train.