Hey Friday. Come on in. You sure are looking good today. We all could use a couple of days of rest. So here, have a margarita and take a load off.
This week has been a challenge for sure.
COVID cases are causing the cancellation of several events across the country. Garth Brooks and Stevie Nicks canceled five performances where COVID cases were the highest. The Texas governor tested positive but has no symptoms. He is a good example of the benefit of being fully vaccinated. I think there is going to be more news on cancellations. The President announced that Medicare funds to nursing homes that don’t have all providers vaccinated will be affected. Who boy can you imagine the forms that will need to be filled out on this one? The President is also going after those states that forbid local mandates on masking. It looks like the Supreme Court won’t have to worry about a lack of cases this year.
The Taliban took over the capital city of Kabal. Seems like the administration could have done a better job in executing the withdrawal from Afganistan. Funny how both sides of the political aisle blame the other for the mess. Cut the blame game, Mr. President, and get on with protecting our allies and those Americans still caught in-country. What’s done is done.
The CDC surprised us all by recommending a booster shot for those fully vaccinated. It was an original recommendation for those with compromised immune systems and those 65 and over. Now, bam, another mass rush for boosters. I have to wonder if anyone in Washington takes the time to plan anything ahead of the action. I, for one, have no idea of the guidelines for getting a booster. This announcement should have been held after some semblance of the process had been worked out.
The stock market is struggling due to uncertainty about what the Fed will do with its COVID stimulus program. The recovery from the original COVID business impact is again threatened by the Delta variant. Wall Street is afraid the Fed will cut back on the bond-buying stimulus, which is running at $120 Billion a month. Analysts believe the recovery is running into COVID and inflation bumps that were not predicted. Notes from the Fed meeting in July seem to point to a slowdown in bond-buying by the end of the year. I guess we will have to wait and see.
Today’s JohnKu talks about our nerves. I hope you have a great weekend and will try to forget all the bullshit flying around. Certainly, try not to be hit by any.
Nerves by John W. Howell © 2021
There’s the variant,
Prices going through the roof . . .
What will calm our nerves?