Black Friday Bedlam: Markets Thrashed On New Covid Variant Fears
Index futures are getting smacked, oil is down 5%, gold is bid and bitcoin is selling off. What's to come today and next week?
It’s semi-hilarious that when Covid first occurred at the beginning of 2020, I couldn’t get a single soul to listen to me when I warned that the market would eventually react negatively.
Now, entire continents stop all travel, immediately consider lockdowns and markets sell off 2% every time a new variant makes its way into the news cycle. Behold, this m…