was down nearly 8%. Some investors began to reverse bets in the futures market that a strong economic rebound and inflationary pressures would pull the Fed off the sidelines sooner-than-expected.Loading chart...
"I think you have to assume the base case is the virus remains endemic, not back to being a pandemic," said Barry Knapp, founder of Ironsides Macroeconomics. The worry is that the variant spreads and slows activity, hitting supply chains even more. That could boost inflation while slowing growth. Knapp said the Fed could end up accelerating the taper of its bond purchases, which would move forward the time frame for potential interest rate hikes.
Oil and energy will be in the spotlight in the coming week, as OPEC+ meets Thursday. The U.S. and other governments agreed to release oil from their strategic petroleum reserves in an attempt to drive prices lower. The U.S. plans toOPEC+ has said it would continue to increase production by 400,000 barrels monthly, despite calls from the White House to speed up the release.
I think the Covid developments will not put our country's market and economy in dangerous zone next week, we want the market and economy to recover strongly next week, after today and this week.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Expanded eligibility boosts U.S. COVID-19 booster shots ahead of holidaysMillions of Americans got COVID-19 booster shots at a near record pace after the Biden administration expanded eligibility last week, but health officials concerned about climbing infections ahead of the winter holiday season urged more to get the additional protection. About 37.5 million people had received a booster shot in the United States as of Tuesday, according to data from the U.S. Centers for Disease Control and Prevention (CDC). 'I think it is a good start,' said Dr. William Schaffner, a leading infectious disease expert from Vanderbilt University School of Medicine, who added that he believed boosters are more important for personal protection than for curtailing spread of the virus. I would too if I had got the shot and seen that it really has not worked. I will feel good that I survived the first round as some have not. Keep being the trial monkey. Re: Booster Shot From the CDC website: COVID-19 booster shots are the same formulation as the current COVID-19 vaccines. (in case you weren't already aware).
Source: YahooNews - 🏆 380. / 59 Read more »
EU regulator gives go-ahead to first COVID shot for 5-11 year olds(Reuters) -The EU's drug regulator approved the use of Pfizer-BioNTech's COVID-19 vaccine for children between the ages of five and 11 on Thursday, paving the way for them to be given a first shot as Europe struggles to contain a surge in infections. The European Medicines Agency (EMA) recommended that Pfizer-BioNTech's vaccine, approved for European Union use in teenagers between 12 and 17 years old since May, be given as an injection in the upper arm in two 10 microgram doses, three weeks apart. The approval comes as Europe is again the epicentre of the pandemic again https://reut.rs/32yJp0j, accounting for about half of cases and deaths. A surge by the vaccinated! And it is NOT approved, it is still under an EUA, stop spewing mis-information!
Source: YahooNews - 🏆 380. / 59 Read more »
Expanded eligibility boosts U.S. COVID-19 booster shots ahead of holidaysMillions of Americans got COVID-19 booster shots at a near record pace after the Biden administration expanded eligibility last week, but health officials concerned about climbing infections ahead of the winter holiday season urged more to get the additional protection.
Source: Reuters - 🏆 2. / 97 Read more »
Bryan Adams Tests Positive For Covid Again, Goes To Hospital In ItalyBryan Adams has tested positive for Covid-19, the Canadian rock star wrote on Instagram Thursday. “Here I am, just arrived in Milano, and I’ve tested positive for the second time in a month f… See when you do clownery! And guess what he is vaccinated as well it's not the unvaxxed spreading it it's the vaccinated the so called covid vaccine is not a vaccine it's a death trap and I pity anyone that has gotten it alot of people I know have said they regret it If natural immunity doesn’t work 100% of the time forever, maybe it’s not worth trying. (Why not take a page out of the republicans’ anti-vaccine playbook and use it against them?)
Source: DEADLINE - 🏆 109. / 63 Read more »
Playing defense: These stocks do well when Covid fears flare up againNew for subscribers: Playing defense: These stocks do well when Covid fears flare up again. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »
New 'heavily mutated' COVID variant compels WHO to call special meetingAn infectious diseases expert wrote that the variant 'has mutations associated [with] reduced vaccine effectiveness.' Only strongest strains survive vaccination and become dominant. That's why nobody and never performed vaccination in the midst of epidemic outbreak. 😴😴 South Africa needs a deep cleaning. Let the Covid variant run its course. No need to respond.
Source: Newsweek - 🏆 468. / 52 Read more »