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Goldman Slams Omicron Panic: “This Mutation Is Unlikely To Be More Malicious; No Reason For Portfolio Changes.” https://www.zerohedge.com/markets/goldman-slams

• quickthrowman 5y ago
  I’m with Goldman on this one. Delta dip buyers were rewarded, and Omicron dip buyers will be rewarded as well. In any case, a serious variant is only going to postpone the Fed’s tapering and hiking schedule, and could lead to more stimulus. Both of those things are a tailwind for equities. Omicron being less serious than expected would also be a tailwind for equities.
  • wussboy 5y ago
    Maybe it’s just me, but this comment seems so macabre. Like ambulance chasing. “So, lots of people are going to die, but I intend to make some money of it so that’s okay.”
    • alecco 5y ago
      On the contrary, he is betting there won't be as many deaths as expected. It's an optimist position.
      • atmartins 5y ago
        ...framed in a financial context.
    • poiuyjkmj 5y ago
      Can we stop having moral judgements as comments on HN and acknowledge everyone has their own morality. The stock market could dip for a number of reasons. I don't particularly think its helpful trying to point out every time someone violates your personal moral lines e.g. don't buy stock when the market crashes for reason x, don't buy stock y etc. Besides, this interpretation of the ops comment was different for me, if the virus is less deadly and people shouldn't panic sell, fewer people die and loose money, don't they.
      • wussboy 5y ago
        I think constant moral judgment can have a chilling effect. But to throw it out altogether is not the solution (it’s certainly not working at 4chan). Claiming that everyone has their own morality is only true in the sense that no two snowflakes are alike. It may be correct at the molecular level, but snowflakes are more similar than they are different. So too with human morality. Mine may be slightly different than yours, but the overlap is huge and consistent. I think perhaps more importantly (and the reason I made the comment in the first place), morality is contextual and easily influenced. If we never talk about it, no one knows what sorts of behaviours are appropriate. So I talked about it to put a peg in the ground. You may disagree and that’s fine. You drive your peg in to the ground somewhere else. But knowing there are two pegs is important.
    • quickthrowman 5y ago
      People are going to die no matter what, how is trying to forecast the stock market macabre? I’m saying I think it will be less serious than the panic in the media would have us believe. It’s not even close to ambulance chasing, c’mon now. I’m not trying to profit off individual deaths, I’m attempting to forecast how the market will respond to new information. You act like I’m betting on COVID death pools.
• dekerta 5y ago
  Zerohedge? Seriously? We might as well read the Weekly World News to see what Batboy thinks about it
  • fartattack 5y ago
    Can you imagine complaining about sources after the last five years of media malpractice? Omicron so far is nothing but rumors and conspiracy theories, just like Russiagate, just like the pee tape, and Delta was a big nothing, two weeks to slow the spread didn't, social distancing didn't matter, cloth masks do nothing to stop aerosols. The last few years have seen many Batboy level conspiracy theories promoted by "reputable" outlets. Doesn't matter who the source is, if they've got receipts. And it doesn't matter who the source is if they DON'T have them, either.
  • syshum 5y ago
    Zerohedge is not any less reliable than CNN, or NBC these days Take that for what you will, but...
    • kspacewalk2 5y ago
      I take it for being a patently and demonstrably absurd statement.
      • syshum 5y ago
        Only if you are in an echo chamber and believe CNN is reporting accurate news
  • spurgu 5y ago
    Don't shoot the messenger.
• deleted 5y ago
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