Seems like there's a lot of money to be made if you think Omicron is going to shut everything down for a bit.https://twitter.com/NateSilver538/status/1473327521248780292 …
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Andrew Rettek Retweeted Nate Silver
Seems like there's a lot of money to be made if you think Omicron is going to shut everything down for a bit.https://twitter.com/NateSilver538/status/1473327521248780292 …
Andrew Rettek added,
not as simple as before, where the financial markets were in complete denial and then flew into panic; there are already systems in place for stabilization, and while they are constrained by inflation, they are not really that zealous ppl freaking out definitely, severity unclear
If you think that there's going to be 1-2 months of shutdown followed by a return to normal that could easily be bullish here rather than bearish in NVP terms. I'm not ready to call BS on these moves.
likewise trying to formulate something that i can form conviction on. hard when the fed is in the middle of everything.
the businesses that i know are suffering are the restaurants and bars, even without shutdown traffic has slimmed, and this without significant support from the govt this time. holiday season is when such places make a profit. this has downstream impact on commercial real estate
idk though, these prove increases on eg cruises are maddening
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