And here we have it again. Hysteria renewed, or hysteria v2.0, whatever you name it. Despite cases of the new Omicron variant declining in South Africa hysterics returned to the markets selling everything. Powell didn’t help either this time as he said tapering may start sooner than expected. But don’t worry, his words were to Continue reading →
Archive for November, 2021
“The new Omicron variant of the Coronavirus results in MILD disease, WITHOUT prominent symptoms”
“This mutation is unlikely to be more malicious and that the existing vaccines will most likely continue to be effective in preventing hospitalizations and deaths” and as a result, while Goldman “would monitor the situation in Gauteng closely over the next month, we do not think that the new variant is sufficient reason to make Continue reading →
Covid new variant and market panic
Earlier this week, scientists discovered a new Covid variant that spooked the markets and S&P 500 sold off by 2.7% (down -126.61) and DJI was down -905.04. Everyone panics that this would cause a new travel ban, new restrictions, and new lockdowns. Yet the scientists admit that they do not know about the new Continue reading →
Troubles with hosting
Recently I have experienced issues with our hosting and plan on transferring the blog to a new host. The website is now semi-working. If you need help or have questions, please, contact us.
Futures Crashing on Thursday Evening Amid Sudden Fears Over “Dramatically” New Covid Strain
Here we go again. While the US traders are digesting their turkeys with gravy and mashed potatoes the rest of the world is freaking out and algos are hitting bids, amid fears that a new coronavirus strain detected in South Africa, known as B.1.1529, reportedly carries an “extremely high number” of mutations and is “clearly Continue reading →
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