Belgium confirms case of new, heavily mutated Covid variant Dow Drops 900 Points… The photographer captures the face of fear on the CNBC website Friday (26 Nov 2021). The loss of value in savings and investments is more powerful than an equal value of an increase. People fear losses of all kinds. The trigger of fear is the new virus variant, which can trigger fear of death and severe illness—especially for those who have lost a loved one or struggled through a hospitalization or even a tough bout at home. Fear is a powerful motivator to take action—self-defense—hide, avoid threats, seek safety. Action in financial markets isn’t really about the value of a company or business but about human nature and that powerful emotion of fear, which drives action. Fear also motivates people to avoid vaccines. Of course fear is not the only reason people have avoided the vaccines—skepticism and distrust are other reasons. Seeking safety is a good thing wh...
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