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Still-Merry Monday – Markets and Covid Cases Remain at All-Time Highs

Posted on the 27 December 2021 by Phil's Stock World @philstockworld

Still-Merry Monday – Markets and Covid Cases Remain at All-Time HighsMy daughter got Covid for Christmas.

So did 1.5M other people in the past week, ruining a lot of Christmas' and how many people went to family gatherings not knowing they had it (it's almost impossible to find test kits in NY/NJ).  So a Covid test kit is a great new holiday gift and we should invest in test kit companies because one person gets it and a dozen people she was in contact with end up getting tests – at $20 each – that's Capitalism in action!  

Jackie goes to school in Hoboken at Stevens, where she has an apartment with 4 other girls and where they plan on holding in-person classes next semester (3 weeks from now) and she came home and visited her friends and got sick the next day (Christmas Eve) and took a home test, which showed positive.  There was nowhere to get a confirming test so hopefully today or tomorrow but it was impossible to book an appointment and the last place we want her to go is a hospital or clinic, packed with people who have various strains of covid.  

Friends in New Jersey tell us not one pharmacy or walk-in clinic in a 100-mile radius has appointments available in the next week.  The question that haunts us now is that, almost two years into this crisis and an $11 Trillion U.S. Fiscal and Monetary spending deluge, we still don’t have an adequate testing infrastructure? It blows us away –  we are still dealing with endless waiting lines, no availability of testing appointments, shortages of at-home tests and overwhelmed testing labs scrambling to process vials.  Where did all that money go?

So we're going to get her to a drive-through center for a proper test but, if it's positive, then she has to isolate for 10 days (of course she is already self-quarantining and Christmas was ruined).  Still, thank God it seems no worse than the flu at the moment – not that that's a picnic.  She says she has the worst headache she's ever had but breathing is OK.  

Still-Merry Monday – Markets and Covid Cases Remain at All-Time HighsAround the country, we had another 9/11-type day on Thursday, with


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