As someone who is really into fonts, I know that most people don’t share my passion — but I genuinely think that anyone who cares at all about typography will have some interest in what Google announced on Thursday. If you’ve ever used anything made by Google, you’ve seen Roboto. Now, Google’s introducing something called Roboto Flex. As the name implies, it’s a version of its famous font that you can tweak and customize in a ton of ways. I can sense I might be about to lose a… Source link
Read More »What’s Known About the BA.2 Variant
A pharmacist prepares doses of the Moderna COVID-19 vaccine in Hagerstown, Md., Feb. 22, 2022. (Kenny Holston/The New York Times) As the omicron coronavirus surge subsides, researchers are keeping an eye on a highly transmissible subvariant known as BA.2. Although it does not appear to have the capacity to drive a large new wave of infections, the variant could potentially slow the current decline of COVID cases and make treatment more difficult. Here’s what we know so far about BA.2. It’s… Source link
Read More »Worst case scenario for 2022 is variant that eludes vaccine protection
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and chief medical adviser to President Joe Biden, told Yahoo Finance that COVID-19 could become endemic in 2022 but only if certain parameters are met. If you get “a combination of enough people vaccinated and boosted together with people who are infected and recover and have a degree of immunity — hopefully they’ll wind up getting vaccinated too — and you have a virus, a variant, that has a lesser… Source link
Read More »Any COVID-19 variant ‘is severe’ for unvaccinated populations, doctor explains
The Omicron variant has pushed the U.S. to exceed 65 million total cases of coronavirus. Though symptoms of the strain have been described as “mild” in comparison to previous variants, that mainly applies to those who are fully vaccinated and boosted. For those who are still unvaccinated or immunocompromised, it’s a different story at a population level. “We have to remember: We’re a country that has over 35% of individuals who are not vaccinated,” Dr. Stella Safo, an NYC-based HIV… Source link
Read More »Omicron variant doesn’t shake Goldman Sachs’ bullish 2022 stock market prediction
The fast-spreading Omicron variant isn’t shaking the confidence (yet) on Goldman Sachs’ call for double-digit percentage returns for the S&P 500 next year. Goldman’s chief U.S. equity strategist David Kostin reiterated Monday an S&P 500 target by the end of 2022 of 5,100. The figure marks a potential 12% increase in stock prices as measured from the S&P 500’s current level. “We expect that these gains will be driven primarily by earnings per share growth of 8% combined with a stable P/E… Source link
Read More »Omicron variant and threat of higher interest rates cause investors to hoard cash: BofA
While traders are making bank chasing Apple to a $3 trillion market cap, many in the market are adding cash to their accounts amid heightened concerns around the Omicron variant and a more hawkish Federal Reserve. Bank of America’s monthly fund manager survey out Tuesday found cash allocation among investors surged 14 percentage points in December from November. Fund managers were net 36% overweight cash, the highest allocation to the asset class since May 2020. Besides cash, investors also… Source link
Read More »3 reasons why the stock market hates the omicron variant: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, December 6, 2021 Most investors will enter this week confused after battling through another topsy-turvy trading week. Bitcoin nosedived at its worst by 20% over the weekend (more on that below). Last week, the S&P 500 saw five straight losses of at least 1% at one point each day, according to Bloomberg data. Small-cap stocks as measured… Source link
Read More »Omicron variant and unfriendly Fed are ‘double whammy’ to stock market: strategist
The stock market has been hit with a double whammy of unsavory news, explains Charles Schwab Chief Investment Officer Liz Ann Sonders. “I think at this stage in the economic cycle and the market cycle, the move from very loose policy to tighter policy has been a factor in the volatility [we are seeing]. You add that to an environment where we started to see a tremendous amount of speculative froth and then add to that Omicron [concerns], you get the double whammy catalysts that sometimes can… Source link
Read More »8 airline stocks that could withstand a new COVID variant like Omicron: analyst
Not all airline stocks are created equal in the currently topsy-turvy market environment. Renewed volatility in the airline sector should be considered the short-term new normal as traders assess the risk from the new Omicron variant. But there are a few names in the troubled space to consider as longer term buys if one is able to stomach the near-term wild up-and-down swings. Long-time airline sector analyst Helane Becker of Cowen said in a note to clients on Tuesday she continues to have Buy… Source link
Read More »Omicron variant hits travel and reopening stocks — is it time to buy?
Investors should be closely watching for buying opportunities in reopening stocks in the travel and ride-sharing sectors that have been hit hard this past week amid Omicron variant fears, according to EvercoreISI tech analyst Mark Mahaney. “We have processes in place as societies, cultures manage this [the pandemic. If you have a sell-off on the ride-sharing stocks, the travel stocks that is probably a buying opportunity. I find it hard to believe we will have a repeat of the stocks we had… Source link
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