Markets continue to bounce up and down this week as discussions of the potential impact of the Delta Variant on the economy continue to be the talk of Wall Street.
Many investors continue to be a bit hesitant when it comes to fully investing at this early stage of post-pandemic restoration. Despite many of our lives returning to a sense of normalcy in the last few months, the latest batch of virus mutations have now made their way within the U.S. borders, and this is causing some hesitation in the trading world.
Any further outbreak in the United States stemming from last year’s pandemic would be disastrous, not just to the U.S. and global economies, but to the citizens of the world who have just started to return to their lives.
With all this concern over the Delta Variant and the potential impacts it could have, today we take a closer look at the virus, what it is, what it could do and the facts you need to know to protect yourself (and your investments!)
It Begins… Again!
The Delta Variant is a variant of lineage of SARS-CoV-2, the virus that caused Covid-19.
Though now raising alarms within the United States borders, was first detected in India where it began to take its toll in the later half of 2020. Soon after, in late February of 2021, cases were discovered in the United Kingdom, the United States and Singapore – all within a week of one another.
It didn’t take long after this for the virus to become a global concern as it slowly made its way into newer, and at that time unaffected, territories of the world.
Today, the Delta Variant has managed to spread to 124 countries as the World Health Organization says it will soon be the “dominant strain” of the Coronavirus across the globe.
As the Delta mutation continues to make its way across the globe, many lawmakers in several nations have begun to once again consider a mandated shutdown.
Democrats Reconsider…
The spread of a new Covid mutation may have left many lawmakers mulling over the idea of yet another quarantine like shut down in many nations across the globe, the United States included but this idea, however, continues to lose its supporters with every passing day as even the most adamant quarantine supporters like New York Governor Andrew Cuomo who recently stated that another mandated shutdown would be disastrous for his state’s largest economic producer, New York City.
The Governor noted that any further mandated closures of the many restaurants and nighttime venues on the island of Manhattan could cause irreversible harm to the city’s economy and put them in a financial slump they may never get out of.
To this comment, many Republican lawmakers replied with a simple, I told ya so!
Obviously, Cuomo’s concerns are relevant, not just within the boundaries of New York City, but in a global sense as well! Any further mandated shutdowns would see a long list of companies who managed to survive the first round of shutdowns, be forced to close their doors for good.
Though officials continue to stress that the chance of lethal infection within an individual who has already been vaccinated is “effectively zero” at this moment in time, it hasn’t stopped many in D.C. from discussing what steps – if any – should be taken by the government to maintain the spread of this new virus.
And with the latest talk of an even newer Delta-Plus Variant only hitting the news a few days ago, many on Wall Street will more than likely hold on to a majority of their funds for the foreseeable future.
LEARN MORE HERE…
No matter what may come our way, one thing’s for certain, DTI founder and 40-year market veteran Tom Busby will be working to protect his – and your – investments!
That’s why we encourage you to sit down with Tom below for his latest market update where he’s sharing his view on today’s markets and his plans to make sure we all stay as profitable as possible.
P.S. – Have you had a chance to check out Tom Busby’s Little Black Book?
If not, don’t miss your chance to learn all the investment secrets Wall Street never thought you’d see…