“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 major portfolio changes.”
Translation: brace for a face-ripping rally come Monday when carbon-based traders finally take over from the idiot algos.
Read the entire article at Zerohedge.
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