How will Covid-19/Coronavirus Affect my Alternative Investment Portfolio? Part 46: January 16, 2021.
Updated: Feb 8
Third U.S. death wave continues tragic march upwards; Crystal ball: U.S. infections continue to surge to record highs (again); World round up: South Korea regains some control, as majority of Europe stumbles and U.K. is manhandled by mutant strain; “More spread, more cases, more deaths”: CDC predicts highly contagious U.K. variant will be dominant strain in U.S. by March; New South American mutation may be worse than U.K. variant (and may even re-infect those who’ve already had the disease); State Roundup: Exhausted medical staff and over-stretched hospital systems continue to be "Pushed to the limits"; Georgia’s bellwether economic recovery: A mixed bag; Unemployment ominously surges the most since March; Dismal December retail report deemed “absolute disaster” for consumer spending; Financial cliff: 3rd stimulus put on the table; Convalescent plasma therapy flunks early tests as an effective Covid-19 treatment; Update on my portfolio strategy.
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This week there was a flood of new information on virus spread, economic impact, investment repercussions, the financial cliff, and two faster-spreading mutations.
This article is part of a multi-article series that's been published weekly since the pandemic began, back in March 2020. It started with three introductory articles on the virus and its effect on the economy and on alternative investment classes. Then it moved on to weekly updates on the latest and greatest developments (along with weekly updates on my evolving personal portfolio strategy). You can see the links to every article in the series here.