Why the omicron panic may be overblown...

What a brilliant move by the Fed : change policy rhetoric to tightening and blame the market reaction on COVID!

The good old times that you can still light up in a cramped small space. LOL Coincidences are neither small nor big. They are just coincidences.
 
Today is Thursday but I do expect more volatility for the next week or so until the Covid data is released about the efficacy and effectiveness of the Vaccines against the Omicron Variant.

Plus, there are threats by Russia to Ukraine and a few idiots threatening to cause a U.S. government shutdown about vaccine mandates...the minority 20% controlling the health of the entire population and funding of the government of the entire population. :banghead:

Merry Christmas just in case the world cease to exist as in an Apocalypse as predicted by @carrer.

P.S. Most Pandemics have mutant variants that the world over-reacted...only a mild illness...no big deal. Unfortunately, it was just the eye in the storm before the real storm hit (e.g. 1918 Influenza Pandemic).

wrbtrader

I expect they will say the vaccine will provide some protection but everybody has to get a mandatory booster shot in the meantime and then another dose tailored for the omicron variant when it comes out which no one will get because of the "mild" symptoms.

This will be the most likely result. And if this is the result, there won't be much changes in the market and the market might even continue its bullish trend. But if the result is anything worse, then we would see HUGE drop to even levels before April or May of this year. It was from last May that we started to get a bit of reprieve from the covid with the Pfizer and Moderna vaccines first starting to be rolled out and the market started to climb up but if these vaccines were found to be completely ineffective, then we are back to where we were before the vaccines were rolled out which was before April/May of this year.
 
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I think I'd rather trust Dr. Gottlieb's assessment on the transmission of omicron variant.

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Anyone following this knows the vaccines don't actually work like other vaccines do. They are hyping this new strain because it gives an excuse to force a re-up rather than acknowledge it loses efficacy in 3 months and each booster gives less efficacy.
 
I totally agree that panic which is connected with omicron is overblown, because people are afraid of new waves of coronavirus. Coronavirus has already made plenty of people passed away and the humanity is afraid of new waves becaue of this reason. Nobody knows what can omicron bring to society, I mean whether it's more contagious or not. Today we know that it's less contagious than delta and it has the reduced risks of passing away because of it, because it was proved by the sicentists. However, such panic will be in future when the new and new forms of coronavirus will appear somewhere in the southern africa.
 
To be honest, I'm starting to get more worried this evening. We are going back into lockdown here, and government officials have thrown in the towel here and basically say there's no avoiding getting infected. Canada isn't even testing anymore, as we don't even have enough to go around, they are only saved now for front-line-workers.

Public can't even get a vaccination yet but a lucky few (and yes, I know they don't really work well anyhow).

I see equities have begun starting a big sell off around close today, and now crypto markets are crashing down -10% in after-hours. Not sure how worse it will be when market opens. I am expecting a possible large gap-down....
 
To be honest, I'm starting to get more worried this evening. We are going back into lockdown here, and government officials have thrown in the towel here and basically say there's no avoiding getting infected. Canada isn't even testing anymore, as we don't even have enough to go around, they are only saved now for front-line-workers.

Public can't even get a vaccination yet but a lucky few (and yes, I know they don't really work well anyhow).

I see equities have begun starting a big sell off around close today, and now crypto markets are crashing down -10% in after-hours. Not sure how worse it will be when market opens. I am expecting a possible large gap-down....

Jesus Christ. It's a good thing you were not alive when AIDS became a massive panic in the 1980s. And there is still no vaccine for that one.

Don't bogart it, dude.

Here's a video from before you were born that might help you cope with the world collapsing around you.

 
Yeah, made the change...Thursday.

Vaccines against the Omicron variant will not be out for months...Way too late. It seems the market has taken that into account...
The current vaccines are useful against omicron as well.
 
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