London: Investors expecting an imminent COVID-19 vaccine are beginning to buy bank stocks and industrials in anticipation of a roaring return in consumer confidence, though many remain wary of risks in sectors ravaged by the pandemic.The development of some kind of preventative medicine is seen as the best chance of halting the coronavirus, which has killed 1.2 million people and is the top issue for money managers eyeing the next major shift in financial markets.As the market hype around the U.S.
election ebbs, investors are now preparing for good vaccine news, which they believe is a matter of when, not if."It's going to be absolutely massive," said Stuart Oakley, head of cash currency trading at Nomura in London.