COVID-19 Omicron Following the Script we reported on last month as the current variant’s cases appeared to peak in the US on January 11th per Reuters at 704k, and quickly fell off to 304k on February 1st. US deaths may be peaking now at under 3k, which is below…
During the month of January, the top 3 performing sectors were: energies (+16.40%), grains (+5.44%), and metals (+4.68%). The bottom 3 sectors were: indices (-5.80%), interest rates (-1.76%) and currencies (-0.29%). The start of 2022 began with increased volatility across the board with stocks taking the largest hit (Nasdaq -8.67%…
COVID-19 Omicron: Foe or Friend? As the new variant crowds out Delta (Omicron 95% of cases reported in early January), the playing field shifted to data that suggested so far that indeed it is dramatically milder than previous iterations. First, looking at the origin country (South Africa), one can…
OPEC+ Held to Increasing Production by 400,000 barrels per day for February, though is continually missing their total quota due to underproduction in many countries. OPEC pumped 27.8 mbpd in December, a Reuters survey found, up 0.07 mbpd from the previous month but short of the 0.3 mbpd increase allowed…