covid Archives - Runnymede Capital Management

Is the Omicron Variant Bullish for Markets?

After the Omicron variant was alerted as a variant of concern by the World Health Organization, stock market volatility picked up sharply as governments rushed to close the borders to South Africa and its close neighbors. While much of the …

Chris Wang on Reuters TV: Investors look through COVID wave

On Friday afternoon, I had the pleasure of returning to Reuters TV to have a quick conversation with anchor Fred Katayama (@Freddiethekat). We discuss the surprising drop in consumer sentiment and why investors appear to be looking through the current Delta COVID wave. Corporate earnings remain extremely strong and with vaccination rates high in the US, this COVID wave should be shorter lived.

Don’t Fear the Delta Variant

Over the weekend, news headlines focused on rising COVID case counts and fear over the impact of the Delta variant. While we may be headed for a 3rd wave here in the US, don't fear the Delta variant, especially if you are vaccinated.

China Shatters Box Office Record

Last year as the pandemic broke out in China, we looked to the east for signs of what life may be like dealing with lockdowns and a slow return from lockdowns.

The Tidal Wave of Retail Spending Has Begun

For much of 2020, we were locked in our homes and have been waiting for life to return to normal. Thanks to government transfer payments, even those who lost their jobs saved money. According to the New York Times, in 2020, personal income increased by over $1 trillion and spending decreased by over $530 million. This means that American consumers are sitting on a $1.5 trillion war chest that is ready to be unleashed in the years ahead. If January retail sales are a hint of what's to come in 2021, retail spending will be powerful.

Is Your Portfolio Ready for the Great Re-Opening?

It was a year ago when COVID fears rocked the financial markets and pushed economies into lockdown. While all of us had hoped that it would end in short order, we still find ourselves socially distanced and are just passing the peak of the 2nd wave. The good news is that cases are falling quickly and vaccinations are on the rise. With the Great Re-Opening coming, we will be ready to emerge from our homes in a big way.