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Market Watch Weekly | November 26, 2021 | A Black Friday, Indeed!

Erik Dekker - Nov 26, 2021
Well, we had intended to write about the US Thanksgiving and everything we should be thankful for as we close out the final weeks of an interesting 2021. Alas, Covid threw the markets another curve ball...

Well, we had intended to write about the US Thanksgiving and everything we should be thankful for as we close out the final weeks of an interesting 2021. Alas, Covid threw the markets another curve ball on Friday as a new variant emerged in South Africa and unsettled markets. Now, we’re not epidemiologists, so we’re not going to speculate as to the seriousness of this variant, but early indications are that new variant contains more mutations to the spike protein, the component of the virus that binds to cells, than the highly contagious Delta variant. Because of these mutations, scientists fear it could have increased resistance to vaccines,though WHO said further investigation is needed.

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