XJO 0.10% 8,212.2 s&p/asx 200

06/12 Week, page-323

  1. 6,160 Posts.
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    To balance out the 'it's ok' posts relating to Omicron. I guess a lot can happen within 2 days...

    Study: OMICRON "40-fold" less vaccine effective - MacroBusiness
    https://hotcopper.com.au/data/attachments/3879/3879477-053cc72d42ab99787661def8c0ff6d1b.jpg

    Omicron: The Sum Of All Fears (forbes.com)
    https://hotcopper.com.au/data/attachments/3879/3879509-81d85b274e7be1141da9fb0168a40bd7.jpg


    Everything will be good in about 4 months time when they release a vaccine that works 'effectively' against Omicron. Don't panic.. all is good..

    Omicron cases rise by 30% as weekly Covid infections 'highest since January' (thesun.co.uk)

    https://hotcopper.com.au/data/attachments/3879/3879487-a0c8eb018aab067d1b3c533df40f5ed8.jpg

    Concern Mounts As PCR COVID Tests May Not Be Able To Detect New Omicron Variant Version (ibtimes.com)
    https://hotcopper.com.au/data/attachments/3879/3879528-a4fbd18f52620bd7f307bbd4c2b282e1.jpg

    As I mentioned before, one strain of Omicron was it's ability to evade detection of PCR tests. Increased lockdowns to come along with additional border restrictions, but I think the market already got the gist of that in the last few hours

    Hopefully everyone was trading on the increased risk of uncertainty which causes markets to fall.

    https://hotcopper.com.au/data/attachments/3879/3879529-ca4d4b5496e00a3dfae497721c6982aa.jpg
    I'll go with Bull Trap

    and... will the US increase interest rates early / stop their easing at the next meeting. If yes, then massive drop in markets shortly. As I mentioned also, employers don't like paying higher wages; to stop this interest rate increases will come through earlier than expected.
 
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