Endemic or Return to the Pandemic?
Our thoughts on the latest variant and market reaction
FED'S DALY SEES FASTER TAPERING IF THINGS CONTINUE AS IS: RTRS November 24
Endemic or Return to the Pandemic?
We woke Friday morning to an interview request from CNBC to comment on the market reaction to the latest Covid-19 variant that apparently has ~30 mutations to the spike protein that may make it more transmissible and resistant to the MRNA jabs.
Here is a portion of the interview where we discuss the impact on markets and economic activity.
We are releasing this note early due to the magnitude of the move this morning.