This is what to watch in the market next week

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Hey there, Bullets Fans –

It’s the weekend and markets are closed.

But that doesn’t mean the trivia machine is…

The markets may be closed today, but can you guess which year we saw January 23rd close with the best DJIA numbers?

Think you know the answer? You can check it in the closing area down below!

This is what to watch in the market next week

Image Source: NYSE

The variant of the virus that was discovered in the U.K., and has been called B.1.1.7, may actually be more deadly than the original strain after all, the British Prime Minister said in a press conference yesterday.

“We’ve been informed today that in addition to spreading more quickly, it also now appears that there is some evidence that the new variant – the variant that was first discovered in London and the southeast (of England) – may be associated with a higher degree of mortality.”

Previously, the mutation was not thought to be any more dangerous than the original.

“If you took…a man in their 60s, the average risk is that for 1,000 people who got infected, roughly 10 would be expected to unfortunately die with the virus. With the new variant, for 1,000 people infected roughly 13 or 14 people might be expected to die,” a health official said.

What else do we know right now?

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Will this be the biggest tech boom in history?

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Is the new virus strain even more deadly?

Image Source: Reuters

Dr. Anthony Fauci warned yesterday that the current vaccines might not effectively combat the newer mutations of the virus, which appear to be more contagious, though not more deadly, than the original strain.

For instance, the mutated version that emerged in South Africa appears to be unaffected by the current treatments.

“Furthermore, 501Y.V2 [the strain in South Africa] shows substantial or complete escape from neutralising antibodies in [virus] convalescent plasma,” researchers said.

Even so, Fauci says it’s just as important for as many people as possible to receive the vaccine, to prevent further mutation and spread.

“Bottom line: We’re paying very close attention to it,” Fauci said. “There are alternative plans if we ever have to modify the vaccine. That’s not something that is a very onerous thing, we can do that given the platforms we have.”

What else should you know about the vaccine’s efficacy?

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Author: Fredrick Frost

Fedrick Frost is the Editor-in-Chief of Morning Bullets. He mainly writes about Politics, The Economy and breaking news. With over 35 years in jounralism he has been influential in helping the morning bullets newsletter readers be informed every morning.