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Jim Cramer Says Fauci Recognizes Focus Should Be Off Coronavirus Vaccines

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Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases and one of the leading voices during the coronavirus pandemic is testifying in front of the Senate Health, Education, Labor, and Pensions Committee on Tuesday.

Prior to the testimony, on Monday night, Fauci told the New York Times, "If we skip over the checkpoints in the guidelines to 'Open America Again,' then we risk the danger of multiple outbreaks throughout the country."

"This will not only result in needless suffering and death but would actually set us back on our quest to return to normal,” he continued.

During his testimony, Fauci said that he believes that there are “multiple shots on goal” when it comes to possible coronavirus vaccines, but was also cautious about the rollout of a vaccine due to the possibility of negative consequences.

He said that reopening the U.S. too quickly could lead to avoidable “suffering and death.”

He also made cautious comments about the return of kids to school in the fall.

Drawing comparisons to HIV, Jim Cramer said Fauci is starting to recognize that he needs to move the conversation away form President Trump's end-all vaccine talk. "You have to attack the various things the drug does one at a time, Cramer said. 

Watch the video above to see what Cramer thinks that investors need to take away from Fauci’s comments.

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

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