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Goldman Slams Omicron Panic: "This Mutation Is Unlikely To Be More Malicious; No Reason For Portfolio Changes"
BY TYLER DURDEN
SLNOV 27, 2021
One look at the ridiculous plunge across asset markets on Friday, which sent oil into one of its biggest tailspins in history (which as Goldman calculated would only make sense if the Omicron lockdowns are twice as bad as anything observed so far), and one would think that the Omicron variant - which as Edward Snowden so aptly put it "sounds like the name of an 80s movie's evil Robot King" (of course, the WHO had no choice but to skip the Xivariant, located right before Omicron in the Greek alphabet for obvious propaganda reasons) - is several times more aggressive and far more deadly than the Delta or any other Covid variant to date. Neither is the case, and in fact, as even Tom Peacock, one of the original Imperial College narrative-setters admitted, "it may turn out to be an odd cluster that is not very transmissable."
Alas, that would not help politicians who kill a lot of birds with just one brand new and " horrifying" variant, including getting a carte blanche for trillions in new vote-buying stimmies, enforcing even more ruthless and authoritarian government restrictions a dream come true for all liberal fans of big government, and most importantly forcing another round of mail-in ballot elections one year from today.
And yet, perhaps the pandemic apocalypse is not just around the corner. On one hand, Angelique Coetzee, the chairwoman of the South African Medical Association said today that “the new Omicron variant of the Coronavirus results in MILD disease, WITHOUT prominent symptoms.” On the other, none other than the most important bank on Wall Street - Goldman "Vampire Squid" Sachs - which sets the narrative that all other banks dutifully follow, has decided that it's not worth starting a panic crash over this mutation and in a note published late on Friday writes that "this mutation is unlikely to be more malicious and that the existing vaccines will most likely continue to be effective in preventing hospitalizations and deaths" and as a result, while Goldman "would monitor the situation in Gauteng closely over the next month, we do not think that the new variant is sufficient reason to make major portfolio changes."
Chief White House medical adviser Anthony Fauci speculated that China likely got rid of an intermediary host that carried the COVID-19 virus between bats and humans when officials cleaned out the live animal market where the virus is theorized to have first caused an infection in humans.
"It was very likely in a host. What the Chinese did, I don't have firsthand knowledge of that, but the people who were reporting it, who investigated — what they did is they cleaned out the markets as soon as it turned out that it was clear that there were clusters coming from the market," Fauci told host Margaret Brennan on CBS's "Face the Nation."
"In typical fashion, I think, trying to make sure that things don't get pointed to them, they probably got rid of the animals that were the intermediary hosts there," said Fauci, stressing this possibility as a reason further cooperation from China on surveillance in live animal markets is needed.
South Africa's COVID-19 adviser, Prof Barry Schoub, tells Sky News that the Omicron variant is spreading rapidly across the country. Prof Barry speculated that the sheer number of mutations could lead to the virus being 'less fit than the Delta variant' which is known to respond well to vaccines. The link between the new variant and hospital admissions and deaths is not currently known he said, but many cases so far have been mild - which is a positive side. He warned that people who are unvaccinated or immunosuppressed could be a threat, if the virus evolves to evade the immune system within them.
The Omicron variant was identified six days ago, initially in Botswana. Infections have been detected in South Africa, Israel, Hong Kong, Belgium, and the UK. So far, the spreading of the heavily mutated variant of the Coronavirus has resulted in a stark warning from one top medical official.
On Saturday, Frank Ulrich Montgomery, chairman of the global physicians' society of the World Medical Association (WMA), told German reporters that he believes Omicron could become as dangerous as the Ebola virus.
Montgomery said, "the fastest and best thing to do is contact restrictions. We must avoid any form of crowd in the coming weeks. We should therefore close the Christmas markets nationwide."
He emphasized the importance of not giving the virus "a chance to mutate by preventing every possible infection."
"The new South African variant is a good example of this. We don't yet know anything about its dangerousness - but it seems to be spreading rapidly. My great concern is that it could lead to a variant that is as infectious as Delta and as dangerous as Ebola. The fewer infections we allow, the better."
Montgomery said it may be necessary to keep "vaccinating the world for years" to come, adding that "only vaccination helps."
"If people are not aware of their social responsibility or if they do not want to take it on, then one has to remind them a little more rigidly. In the case of a general compulsory vaccination - if allowed by the Stiko, from the age of five - all measures could soon be omitted. We would have our old life back," he said.
The bleak predictions come two weeks before BioNTech, Pfizer is expected to have laboratory tests on Omicron to determine if a new novel vaccine would be created. If so, it would take scientists 100 days to develop.
Montgomery's fearmongering comes as South Africa's medical chief Dr. Angelique Coetzee described Omicron as a "storm in a teacup," adding that she had only detected "very mild cases" of the variant so far.
More or less, the virus panic created by health officials and governments is the equivalent of yelling fire in a crowded theater. The only result of mass panic is more public health restrictions that would limit freedoms. Europe has already imposed travel restrictions and partial/full lockdowns as infections increase.
It has been pointed out that "Omicron" is an anagram of "moronic."
Scientists are still examining Omicron, but it appears the current plan has been to create mass panic. For more on that, far-right British commentator Katie Hopkins describes the sheer terror manufactured by health officials and governments by their puppet media outlets.
Omicron Unlikely to Cause Severe Illness in Vaccinated People, BioNTech Founder Says Variant could lead to more infections but vaccinated people likely remain protected from severe disease, Ugur Sahin says