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| Covid is dead. Energy is the new crisis. |
| 2022-01-05 |
| [Brain Porridge] This morning: Markets are welcoming victory versus COVID, but the next crisis is upon us: Energy instability. The consequences could be dramatic.. Back to the grindstone with a vengeance today — holidays are over and the Christmas decorations are back in their boxes. Time to get serious about 2022. Time to buy or time to sell? I am unconvinced many market participants understand just how much the ground has shifted over the last quarter — particularly in relation to Energy pricing. The first few months of 2022 are going to be about the market learning what the new landscape looks like, and how it adapts to a new and changing economic reality. This new year is going to be fundamentally different and more challenging in terms of how to invest "smart" in a new and utterly changed financial market environment. On the plus side, the outlook for 2022 has rosy overtones: Increasingly it looks like the back of Coronavirus has been broken. Infections of the new Omicron might be running out of control around the globe, but new variant hospitalisations and deaths are way down. The crisis is now coloured by issues such as the number of workers off sick — or more likely isolating at home with positive test results and minor symptoms. Official UK vaccine numbers (rather than dubious source material from the University of Facebook) show booster shots are 88% effective against Omicron, and the hospitalisation risk of the new variant is 1/3rd of the previous Delta. |
| Posted by:Besoeker |
| #3 Check oil stocks this week. A lot of investors apparently agree with the author. |
| Posted by: Vespasian Ebboting9735 2022-01-05 13:45 |
| #2 On to the next Narrative: Civil war looming! Here are all the looney hysterics, ex-Right (neoconservative mainly) as well as lefty, who've begin pushing the new civil war Narrative recently (Michael Anton offers a brilliant analysis of their incoherent suppurations in Claremont's AmericanMind.org: At The Atlantic: Jeffrey Goldberg David Brooks Anne Applebaum George Packer Donald Kagan Ed Kilgore Marc Elias Ibram Herbert92X Kendi ... and a slew of other OpEds such as Pravda's "Everyday is Jann 6 Now" designed to stir the Woke with harrowing tales of !ns-Erect!on by Les Deplorables |
| Posted by: Merrick Ferret 2022-01-05 11:51 |
| #1 Northwest to see more stormy weather, snow Utah governor declares freezing-weather propane emergency, blaming federal regulations |
| Posted by: Skidmark 2022-01-05 09:01 |