Having experienced the full impact of the Delta variant of Covid-19, those of us who live in Gauteng are now paying attention to the strain that first emerged in India. So this morning’s Delta-related news from Israel – one of the world’s most vaccinated nations – is notable. Around half of the new infections worrying Israelis enough for the new government to have reimposed restrictions, are among adults with full Pfizer vaccines. The good news is that relatively few of the newly infected are in a serious condition, suggesting that although Pfizer’s jab doesn’t prevent Covid, it does make the virus less deadly.
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Two other Covid-related stories you may have missed relating to the graph above from Stanlib chief economist Kevin Lings’ weekly pack. Gauteng’s Third Wave has already taken us past the first two, urging the government to put SA back at Level Four. Click here for last night’s speech by the president. The other piece offers sage advice from a man in the Covid trenches – Joburg-based Dr Daniel Israel sent us with his personal recommendations on how to handle the Third Wave. Makes of what he shares makes sense to me.
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On the investment front, the recent breather in commodity prices may prove to be an excellent buying opportunity. That’s the argument forwarded inΒ a well researched report published this morning by our partners at The Wall Street Journal.
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And finally, the best read op-ed in the WSJ this morning is a hard-hitting retort to the Critical Race Theory concept that has become the clarion call for America’s political Left. The piece points to a powerful backlash from middle America, highlighting how an academic concept of rating people according to scales of “victim” and “oppressor” has been highly divisive.Β Click here.