OK. So, Omicron is reported to the WHO on Nov. 24 (Classification of Omicron (B.1.1.529): SARS-CoV-2 Variant of Concern (who.int)) and we get around to turning off some – but not all – air travel on Nov. 29th???
Anyone want to guess how many planes with how many virus shedders landed at how many airports worldwide during the five-day gap?
Then stupidity doubles down and president Brandon goes off and speaks the usual palaver: On November 26th saying “…These new restrictions will take effect on November 29.” Huh?
Three stinking days. At 250 passengers per flight (basis a typical 767 flight) that’s how much spread?
Even worse now, absent any statistics on whether they even work on the Moronic variant, here some the jab-o-matic press: CDC Says Everyone 18 and Older Should Get Covid-19 Booster Due to Omicron Variant – WSJ.
Even though the facts now breaking reveal what?
Let’s follow this a bit. Since I’ve been a senior VP of an international airline. And had to deal with whims like Cuba turning off their air corridors in the mid 1980s on a whim. Air craft were turned around in flight, on occasion.
Unfortunately – in our “modern” air travel world, it takes 5-days for an international expert’s group to plan and then 3-days for the Biden posse to shut the riskiest of inbound air travel. Totally stupid.
And these people want us to boost-up with something that may not even work? It sure looks like “leading from behind” to us.
Double Vax Victims Planned!
Oh yeah: never let a crisis go to waste: Greece Imposes $114 Monthly Fine on Unvaccinated People Over 60.
Despite nothing about “mandates” in the Constitution here, we’re pretty comfortable predicting the (communist/socialist) remnants of American government will soon unveil plans to tax and (further) defraud Americans of the right to control their own bodies.
As the Greek vax-tax shows, greedy pricks will turn everyone into a “tax bottom” if they can.
Greeks didn’t used to be stupid, but then again, neither did ‘Mericans. Watch for it…
Powell’s Difficult Dance
Fed chief goes to the Hill this morning to talk about the economy with regard to
mornic omicron. Powell has a balancing act problem that looks to us like this:
This may seem a little morbid (OK, and it is, but we specialize in thinking the unthinkable around here…) but here’s how the basic problem pushes out for us.
If too many people die, there will be no one left to bid-up the price of food. No lines of people trying to make the best house purchase bid. Think of a world where more than half have gone missing. So that’s one extreme.
At the other? Moronic border policies and no one dying from omicron means multiple home bids, food gets scarce, and other inflation-driving events.
Somewhere – at least in theory – there should be an optimal “muddle-through” but based on early Dow futures today (-412, S&P -44 on the futures) markets aren’t so sure.
Were only the problem so neatly defined. See, the longer we are in dis-ease territory, the more incentives for corporations to bring in automation since everyone wants to stay home all the time (or risk dying…).
While the daily decision-snap looks as above, in reality there are additional axes in play. Harvard work guru’s make-or-break questions about jobs of the future (cnbc.com). Toss in movement on the Kulak axes; automation, shaming, socialism, yada, yada…
What About Wave Counts?
Since we had a big rally Monday (Dow +236 and S&P +60) our Aggregate Index work might offer today as a possible end of (iv) of 3 down basis November 5.
You should be able to see why we are (for now) just watching. Could go right down, or there could be one more run up.
News Marches On
Mostly, not very encouraging, sorry to report.
Jab Gab: Moderna CEO’s comments jolt markets | Business and Economy News. Basically said it may not work as well. We’re thinking or, at all…
Virus retooling takes time. Omicron Variant: EU Could Approve Vaccine Against New Covid Variant In 3 To 4 Months (ndtv.com). Here in the U.S. the captive regulators haven’t even opened bidding yet.
Online mental illness is still rolling. This as a Virtual mega yacht sold for $650K.
Don’t let the door hit you on the ass, censor: The Morning After: Jack Dorsey is stepping down as Twitter CEO, again.
Ever wonder how strict gun laws are working in ChiTown? Simple answer is they are not. The more complicated answer? 54 slayings, more than 80 charged: As Chicago’s gangs have changed, so have federal RICO prosecutions (yahoo.com).
Race-baiting case, looks like to us: Jussie Smollett trial: Legal expert says guilty verdict is highly probable because of ‘strong evidence’. Which circles around to why Kamala could be worse than Slow Biden: Here’s Why Kamala Didn’t Hesitate to Trust Jussie Smollett. Sheesh, talk about confusing truth and justice.
Winter War Notes
Logistics are the game right now as the US pours tons of materiel into Guam and Ukraine. Out west, Chinese ambassador to Canada warns there is no room for compromise on Taiwan. While at the same time, China’s New Y-20U Tanker Joined Dozens Of Other Warplanes Flying Near Taiwan (thedrive.com). Which to us means plans of China include short-duration fighter refueling…
Over in Europe, with all those Hunter fees, we’re hardly surprised to read how Any Russian ‘aggression’ against Ukraine would draw ‘serious’ response says US. We can almost see the strings from the front row.
Political Wire casts this as Russian Threat to Ukraine Tests Biden. We’re pretty sure he’ll flunk. Has most everything else.
Around the Ranch
Good weather continues to plague us.
Sunny and 72 today with 75 tomorrow.
Thanks to the District Three road maintenance crews which are cleaning up our street this week. Nice job! By trimming it back a bit, looks more like a fairway, again. Now to get out and start working the deadfall up into piles.
Neighbor uphill from us and I will be doing brush work in about three-weeks, after which (in theory) this should look more like a state park around here. Brush hogging on the agenda tomorrow, but today’s focus is on Peoplenomics research.
Speaking of outdoors, feller up the hill – retired Texas state trooper – caught a genuine mountain lion on his game cam. Which might account for Zeus the Cat having strange behavior. Not as willing to snuggle into piles of leaves for his daily sunning…
Other side of the “pets in the wild” a couple of black lab/pit bull mixes showed up yesterday. Well-mannered. Not sure if someone just dropped them off in the woods, or if they’re afraid to trundle on home with BIG cat scent along the way.
If it ain’t one thing, it’s another, around here.
Back in a few with the Housing Data as a second post today.
Write when you get rich,