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Monday Market Movement – All-Time Highs Ahead of GDP Report

Posted on the 25 October 2021 by Phil's Stock World @philstockworld

What Me Worry? - MinterMarketsEverything is up.

Oil is at $85 this morning but no one considers anything a crisis.  Solar Wind is back, hacking more tech companies, Evergrande is still a problem in China, the Fed is likely to begin tapering at the next meeting, there's still no stimulus package and still 1,509 people died of Covid yesterday with 72,644 infected – essentially ever single person at a football stadium.   What, us worry?  

That's as many people infected in the US in a single day as China has had TOTAL (109,203) and they shut down their whole country over it.  The US is banking on herd immunity to keep us relatively protected and that means everyone gets the disease eventually and we see who survives.  

The vaccines keep your infection mild or give you an immune response without getting infected at all and, at this point, almost 200M of us are fully vaccinated and 220M of us have had at least 1 shot and 110M of us are not vaccinated at all and pretty much have no intention of getting vaccinated so, for God's sake, take your booster shots because 1 out of 3 people you come in contact with have ingored their saftey and you own and 2M of them (2%) have gotten Covid this month so, at any given time – 1 in 50 of them are actively infected.  

This disease is never going to go away if 1 in 50 people at any given time are actively infected.  Covid isn't a "one and done" disease – people get re-infected so, while you may personally be doing whatever you can not to get infected – 1/3 of the people living in this country are incubating the disease and future mutations to keep challenging us down the road.  

Bruce Plante cartoon: Is the coronavirus winning? | Columnists |  tulsaworld.com
This seems like an insane plot to an outrageous science-fiction movie but this is our real lives in America 2020.  We are tied with El Salvadore and Turkey in the vaccination rate of our people.  Sri Lanka, Fiji, Ecuador, Mongolia, Turkmenistan – even Brazil is doing better than we are – along with 100 other countries who are ouperforming our


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