The mysterious “New Variant” sends the markets down and the Yen up. Real or mounted threat
Usually the end of the year is a time of growth for the financial markets, with the so-called “Christmas Rally” made to make everyone have a happy holiday, but this year risks being different.
In the end, the news of the so-called "P eggior variant " or "Horrible variant" of covid-19 was enough, the B.1.1.529 identified in Africa, especially in the South, but also found in Hong Kong, and which led to interruption of direct flights to Europe from six countries in the area: South Africa, Lesotho, Namibia, Zimbabwe, Botswana, and eSwatini (formerly Swaziland).
In reality, little is known about this variant: it has a high number of cases in Africa, which has 32 variations of the Spike protein, which has also affected four fully vaccinated, and in these countries they are not very many, but otherwise it is not known that what happens.
It could be a not particularly aggressive variant, it could be so varied that it is unable to spread. Moreover, in South Africa the cases have increased slightly, but also because the previous variant was exhausted, while the deaths are still under control.
However, the news was enough, spread by all the media in the world with alarmist tones, as if the end of the world were coming, and the stock exchanges went down. The futures of Standard & Poors
Brent oil
Asian markets have already closed poorly
In the end, therefore, one news, not particularly in-depth, about covid is enough, and panic is sowed on the markets.
So let's draw some consequences:
- in a market inflated by QE, a breath of wind is enough to cause a storm;
- At the base there is a communication that is at least partial, but which has been channeled through the right channels. It was not something random, so surely someone gains and someone loses from this situation.
Because someone has already noticed that the communication on the "Horrible new variant" was at least constructed:
That new, scary " #Variant of concern" about which the hype is again building? Well, the Strangelove who provided that convenient media clickabit epithet 'horrifying' has also admitted it may be LESS not more of a danger.
They are SO transparent, aren't they? # COVID19 (33) pic.twitter.com/xlPQwzYiaT
– Wild Goose #TNCM (@TrueSinews) November 25, 2021
Of course, a variant that would completely KO non-immunizing mRNA vaccines would be a big problem for Western countries, mostly politics: who goes to explain that billions have been spent on shadow vaccinations, rather than on treatments, emergency wards, education personal hygiene and physical well-being? Maybe after a lot of repression, lockdowns and vaccinations, someone might get angry.
Thanks to our Telegram channel you can stay updated on the publication of new articles of Economic Scenarios.
The article The Mysterious “New Variant” sends the markets down and the Yen up. Real or mounted threat comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/la-misteriosa-nuova-variante-manda-i-mercati-giu-e-lo-yen-su-minaccia-reale-o-montata/ on Fri, 26 Nov 2021 09:00:59 +0000.