Dow Tanks! Nu Covid Variant from South Africa

[JohnDB]

Bitcoin enters bear market territory as risk assets plunge on new Covid variant

It's going to be a rough Christmas season.

Markets are tanking globally as several countries in South Africa are isolated with new travel restrictions. The Rand is bottoming out.

Apparently it's a new variant with 30+ variations to the spike proteins so it's as infectious as Delta (possibly more) and capable of circumventing any vaccine to date. Researchers are guessing that it came from someone who was HIV positive that got infected with Covid.

What a mess!

 

[SweetSue92]

Bitcoin enters bear market territory as risk assets plunge on new Covid variant

It's going to be a rough Christmas season.

Markets are tanking globally as several countries in South Africa are isolated with new travel restrictions. The Rand is bottoming out.

Apparently it's a new variant with 30+ variations to the spike proteins so it's as infectious as Delta (possibly more) and capable of circumventing any vaccine to date. Researchers are guessing that it came from someone who was HIV positive that got infected with Covid.

What a mess!

What is it going to take for the Vaccine Cultists to change their minds? Or are they incapable?

 

[sparky]

The market bone is connected to the variant bone via the media ligament.....~S~

 

[Esdraelon]

Get back to me when the CFR rises above 1.5%. I expect we'll be seeing an uber, supersplendiferous, world-choking new variant next spring... just in time to rewrite electoral rules to make cheating easier.

 

[Anomalism]

Get back to me when the CFR rises above 1.5%. I expect we'll be seeing an uber, supersplendiferous, world-choking new variant next spring... just in time to rewrite electoral rules to make cheating easier.

Someone help! My hair is on fire!

 

[JohnDB]

What is it going to take for the Vaccine Cultists to change their minds? Or are they incapable?

Only around 2 billion doses of vaccine have been manufactured to date.
And there's almost 8 billion people on the planet.

Going to be a while before this thing is over...but the problem is that people with compromised health systems like HIV positive patients are the new variant factories for coronavirus...

And this new variant circumvents all treatments and vaccines and is apparently at least as infectious as Delta if not more so.

The most infectious disease is measles...and Delta Variant is a close second...in Nu is worse than Delta...this is really going to be trouble.

 

[JohnDB]

Gasoline is down over 7½%
Crude oil is down over 5%

Dow nosedives 2½% S&P is down over 1½%
Europe and Asia markets are down over 3% currently...

It's a train wreck out there.

 

[Dekster]

Big Wallets trying to chase little people off their Robinhood's so they can get in on the cheap before earnings season.

 

[JohnDB]

Omicron: How worried should we be?

Scientists are closely watching a new variant - but there are few clear answers.

www.bbc.com

 

[iamwhatiseem]

And yet - the United States has not banned travel from South Africa. The rest of the ENTIRE modern world has.
Not the United States.
WHY???
The same administration that is willing to force companies to fire employees for not getting vaccinated - has refused to ban travel from a country where the most dangerous variant was discovered... WHY?
Because they are more sensitive about being called raaaacist than protecting people.
Egregious hypocrisy

 

[badger2]

And yet - the United States has not banned travel from South Africa. The rest of the ENTIRE modern world has.
Not the United States.
WHY???
The same administration that is willing to force companies to fire employees for not getting vaccinated - has refused to ban travel from a country where the most dangerous variant was discovered... WHY?
Because they are more sensitive about being called raaaacist than protecting people.
Egregious hypocrisy

The term ‘most dangerous variant’ is a sensationalist ploy by the Dem-Nazi media. We can see the list of mutations that they’re trying to scare people with. JoeXi and his sleep-up are also lax at the border.

 

[JohnDB]

The term ‘most dangerous variant’ is a sensationalist ploy by the Dem-Nazi media. We can see the list of mutations that they’re trying to scare people with. JoeXi and his sleep-up are also lax at the border.

Well it's the number of mutations this particular strain has been through...

Over 10 on just the spike proteins...

All total it's over 50 variations...that's the scary part...we don't know what this one will actually do to people. Delta was just 2 variations from the original.

 

[iamwhatiseem]

The term ‘most dangerous variant’ is a sensationalist ploy by the Dem-Nazi media. We can see the list of mutations that they’re trying to scare people with. JoeXi and his sleep-up are also lax at the border.

Racccist

 

[badger2]

Well it's the number of mutations this particular strain has been through...

Over 10 on just the spike proteins...

All total it's over 50 variations...that's the scary part...we don't know what this one will actually do to people. Delta was just 2 variations from the original.

You also don’t have a clue if the new mutations increase or decrease virulence or transmissibility. However, when we see them adding non-spike mutations, they become suspect because that’s what RNA viruses do. In addition, now that we have a list of mutations that comprise this variant, we can (more correctly [italics]) critique it.

 

[Harpy Eagle]

Gasoline is down over 7½%
Crude oil is down over 5%

Isnt this a good thing?

People have been whining about the price of both for 9 months now.

 

[Roudy]

But I thought Joe Biden was going to defeat the virus.

 

[Remodeling Maidiac]

What did I miss? Was some announcement made that Wallstreet is freaking out over?

 

[Meister]

From what I hear, it's because of the COVID variant that's scaring the market today.

 

[Dogmaphobe]

It's because of the announcement that the polyp removed from Joe Biden's colon wasn't malignant.

 

[Remodeling Maidiac]

From what I hear, it's because of the COVID variant that's scaring the market today.

Oh boy.

I thought maybe it was a reaction to the mandate for truckers.

Is the variant supposed to be really bad?