Direxion Daily S&P 500 Bear 3X Shares (SPXS)

[wadirum1]

So, now it turns out the administration was lying about how many vaccine doses it had. Azar has resigned -- perhaps just ahead of the news. And the country is experiencing community spread of B117, which even CDC is now admitting will be fully in force here by March.

The lockdowns that occurred in 2020 will be nothing like what we will experience in 2021, which will require additional deficit spending in the multi-trillions, with more unemployment, more Fed intervention, and much more death and hospital over-capacity.

Maybe the market keeps shrugging it off, moving toward ever higher highs? That part I guess depends on how high the Fed chooses to push it. I am not in this. Nor do I have other hedges. But I'm very heavily in cash, because I just don't want to get too involved in what I see as a house of cards.

Make sure you are pulling together your stores of toilet paper now rather than when the store shelves are empty.