Those Federal Carnacs are at it again. The CDC says it’s “masks on” time again. So Mr Market turned stocks off. Unsettled science does that.
An Al Goodwyn Cartoon – the side effects of COVID mismanagement WASHINGTON – US stock markets dropped like a rock today, likely courtesy of the Horrible Dr Fauci and the politicized, leftist, fascist idiots currently running the CDC. And all of Washington it seems. Thought you were done wearing masks because you behaved like a good little citizen and got the vaccine? Well, think again. Looks like the all-seeing, all-knowing Carnacs in the CDC are about to decide it’s “masks on” time again. Which was Mr Market’s cue Tuesday to turn stocks off. Unsettled science tends to do that. Looking back, does any trader or investor of a certain age remember that 1982 chiller of a film, “Poltergeist”? Or its 1986 sequel? Even if you don’t, you probably remember this franchise’s surprisingly potent PR hook, taken right from the ongoing plotline. An online fan site takes you back to the future. “‘They’re baaaaack!’ squealed the little girl… in the 1986 movie about evil spirits invading a suburban home. Her cry – the follow-up to her original “Poltergeist” announcement of ‘They’re heeeere!’ – became the crux of the movie’s marketing campaign.’” That frightened little girl was referring to those shapeless fiends that emerged from her family’s TV screen. But today, it’s the essentially useless CDC, which, after promising America’s good little grown-up boys and girls that if they behaved nicely and got the vax, they could once again live a mask-free life. But now “they’re baaaaack!” Both the CDC and its abominable – and essentially ineffective – mask mandate. At least in certain parts of the company. This dismal but predictable move by the unelected Washington regime promptly whacked last week’s slowly building recovery rally from the earlier beating markets took when the Feds started hyping the dreaded “Delta Variant.” ZeroHedge admirably takes up the rant from here. (Bold text via ZH.) “ The New York Times has confirmed (with its sources) that the CDC is expected to recommend on Tuesday that people vaccinated for the coronavirus resume wearing masks indoors under certain circumstances, reversing a decision made just two months ago.” News you won’t hear on MSLSD… via ZH But wait! There’s more! “As recently as last week, an agency spokesman said that the C.D.C. had no plans to change its guidance, unless there were a significant change in the science. The CDC plans to provide a media update on the pandemic at 3pmET. “‘I think that’s great,’ said Dr. Celine Gounder, an infectious disease specialist at Bellevue Hospital Center in New York. “Based on what scientists are learning about the Delta’s variant’s ability to cause breakthrough infections, she said, ‘this is a move in the right direction.’ “Well, [notes ZH] we are happy someone is pleased that the nation is taking a step back towards Einsteinian insanity.” Legendary Mexican wrestler Mil Máscaras in 2009. Via Wikipedia entry on the wrestler. CC 2.0 license. Credit: “requiem.” See link after article. ZH provides a useful chart (below) showing just how “effective” the CDC’s Mil Máscaras regime has been over the past year wrestling with whatever version of the novel coronavirus that happens to be floating around your neighborhood.
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USA — Financial CDC says 'Masks on!' Today: 'Stocks off!' as unsettled science zaps market