How will Covid-19/Coronavirus Affect my Alternative Investment Portfolio? Part 47: January 23rd

Updated: Feb 8

Third U.S. death wave finally shows hints of plateauing; Crystal ball: Third U.S. infection wave may have peaked; World round up: South Korea manages to put a lid on second death wave while Spain and UK continue to spiral out of control due to new, mutant strain; Denmark’s virus-control success-story set to be upended by U.K. variant, which is spreading at 70% per week and projected to overwhelm defenses "like a tsunami; State Roundup: U.S. finally turns the corner on the third wave. Start of a turnaround or brief reprieve before a fourth wave driven by mutant strains strikes?; Economy pummeled yet again by more massive unemployment; Financial cliff: White House reaches out to bi-partisan group of moderates for more pandemic aid and stimulus; Renters owe apartment investors $70 billion in unpaid rent, as foundation of industry suffers “extreme stress”; Yet another supercharged Covid-19 variant that could up-end everything? Researchers are concerned about the rapidly spreading L452R mutation in California; Two new studies on "Long-Covid" show large numbers still suffering from debilitating symptoms, six months after infection; Update on my portfolio strategy.

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Quick Summary

This week there was a flood of new information on virus spread, economic impact, investment repercussions, the financial cliff, and four 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.