Replies to post #93628 on Savvy Trades and Investments

[Mermelstein]

Reports said omicron was found in wastewater samples several weeks ago in Disney World...so that kind of tells you it was already circulating here for a while. It was apparently enough that they assumed there was already significant community spread.

The people that are going to get tested and count as positive cases are usually people that are going to have pretty bad symptoms. If you just have a runny nose, chances are you won't go to get tested. So 150k "positive" cases a day probably translates into millions.

[maxluke1]

Omicron - agree re pandemic timing/severity, etc. although Omicron may exacerbate supply chain issues when it arrives in China. Clearly, it's insanely contagious and China continues to pursue a zero COVID strategy. Will be interesting to see how they respond once it arrives in force.

If the pandemic does end in the United States/most countries in March/April, are we looking at the "best summer ever"?

If so, in addition to the good points you make about inflation and the economy, there could be other interesting effects that impact the markets like the Democrats doing better in the midterms than most currently think (betting markets currently believe the Democrats are complete toast, which seems likely).