Global stock markets have a bad case of the double shits, namely, Omicron and Powell.
So much for the medical tapering of COVID-19 and a dovish tapering by The Fed. So, it's Powell again -- with markets fearing another Volcker in the making. Panic is also setting in because people see Biden as having given the hand off to Powell to raise interests rates as in sooner, or more realistically, pretty damned soon.
Meanwhile, the African COVID rampages forward leaving panic and fear in its wake. Put another way, there goes the global economies, again.
Kind of puts one hell of a major damper on the holidays. I'll stay positive so long as I don't drop dead. Stay tuned!
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