By Tyler Durden
Futures are sliding on Thursday night when, with most US traders snoring in a tryptophan coma, the world is suddenly freaking out, and algos are hitting bids, amid fears that a new coronavirus strain detected in South Africa, known as B.1.1529, reportedly carries an “extremely high number” of mutations and is âclearly very differentâ from previous incarnations, which may drive further waves of disease by evading the bodyâs defenses South African scientists said.
Translation: a new wave of restrictions, more lockdowns, and – eventually – trillions in new stimmies are coming… an outcome so “unexpected”, we rhetorically asked if this was the endgame just one week ago.
Is this next lockdown going to result in more stimmies?
— zerohedge (@zerohedge) November 18, 2021
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