For those of you managing your own retirement and investment portfolios, the market's started to come out of the recent Omnicron-induced dip, so now might not be a bad time to pick up some stuff at a relative discount. As an investor in space stocks, I've used the recent dip (which hit some of my growth stocks pretty hard) to lower the average cost basis of a couple of positions I own.
(Disclaimer: not a financial advisor, do your own due diligence and risk assessments, etc.)
Thanks for the disclaimer. It's easy to go astray with "can't miss" portfolios. I'm embarrassed by my investments in the petroleum industry. I may get to the break-even point on some of them thanks to Joe Biden but most likely my heirs will just cash them in.
Of course missing in your opinion is what this variant is capable of doing to our hospitals. How long are hospital staff suppose to suffer though this? OC also seems to be more able to re-infect people. Bad news for those natural resistance supporters. If hospitals fill out we will need to shut down again. That's the price you pay for not forcing people to do the right thing and get vaccinated.
Have you seen anything that contradicts Steve's (and the New York Times') position that this is milder mutation that may have negligible effect on hospital capacities? Re-quoting the NYT from above:
"Researchers at a major hospital complex in Pretoria reported that their patients with the coronavirus are much less sick than those they have treated before, and that other hospitals are seeing the same trends. In fact, they said, most of their infected patients were admitted for other reasons and have no Covid symptoms."
If you have something that Steve (or I) haven't seen that contradicts this, please share by all means!
For those of you managing your own retirement and investment portfolios, the market's started to come out of the recent Omnicron-induced dip, so now might not be a bad time to pick up some stuff at a relative discount. As an investor in space stocks, I've used the recent dip (which hit some of my growth stocks pretty hard) to lower the average cost basis of a couple of positions I own.
(Disclaimer: not a financial advisor, do your own due diligence and risk assessments, etc.)
Thanks for the disclaimer. It's easy to go astray with "can't miss" portfolios. I'm embarrassed by my investments in the petroleum industry. I may get to the break-even point on some of them thanks to Joe Biden but most likely my heirs will just cash them in.
I try to be clear that what I'm doing is one step up from rank speculation.
Of course missing in your opinion is what this variant is capable of doing to our hospitals. How long are hospital staff suppose to suffer though this? OC also seems to be more able to re-infect people. Bad news for those natural resistance supporters. If hospitals fill out we will need to shut down again. That's the price you pay for not forcing people to do the right thing and get vaccinated.
Have you seen anything that contradicts Steve's (and the New York Times') position that this is milder mutation that may have negligible effect on hospital capacities? Re-quoting the NYT from above:
"Researchers at a major hospital complex in Pretoria reported that their patients with the coronavirus are much less sick than those they have treated before, and that other hospitals are seeing the same trends. In fact, they said, most of their infected patients were admitted for other reasons and have no Covid symptoms."
If you have something that Steve (or I) haven't seen that contradicts this, please share by all means!
Most people infected with omicron are not hospitalized for it based on data from South Africa. That’s in the article.